Housing Market Analysis for LILY CLOSE, IP28 8WR

Are you looking to understand IP28 8WR house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this West Suffolk postcode.

For the location information and nearby amenities in the IP28 8WR area, explore the IP28 8WR Area information page.
For comprehensive crime statistics in the IP28 8WR area, explore the IP28 8WR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP28 8WR postcode area, The average prices are as follows,

  • Detached
    • The average price is around £306,947 median price is £296,500 Standard Deviation is £35,845 with Total Sold: 10
    • The Last 5 Year average price is £372,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 LILY CLOSE: £375,000 (Sold on 25 Feb 2022)
    • The first recorded sale happened at this postcode is 10 LILY CLOSE: £274,995 (Sold on 22 May 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 8WR house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£375,000 £2,168 1
2019£369,000 £2,133 1
2016£315,995 £2,000 1
2015£287,068 £2,163 7

All the Sales in the LILY CLOSE, IP28 8WR

See the table below for more details on the sold house prices in the IP28 8WR, West Suffolk postcode.

AddressSold DatePrice% Change
8 LILY CLOSEDetached, FreeholdArea: 173 Sq.mtr25 Feb 2022£375,00021.75%
21 Aug 2015£308,000First Sale
6 LILY CLOSEDetached, FreeholdArea: 173 Sq.mtr03 May 2019£369,00018.65%
18 Sep 2015£310,995First Sale
5 LILY CLOSEDetached, FreeholdArea: 158 Sq.mtr29 Apr 2016£315,995First Sale
1 LILY CLOSEDetached, FreeholdArea: 116 Sq.mtr15 Dec 2015£278,995First Sale
3 LILY CLOSEDetached, FreeholdArea: 116 Sq.mtr11 Dec 2015£271,495First Sale
2 LILY CLOSEDetached, FreeholdArea: 140 Sq.mtr20 Aug 2015£285,000First Sale
4 LILY CLOSEDetached, FreeholdArea: 116 Sq.mtr26 Jun 2015£279,995First Sale
10 LILY CLOSEDetached, FreeholdArea: 116 Sq.mtr22 May 2015£274,995First Sale

Check out the sold house prices near the IP28 8WR postcode. Properties currently for saleProperties currently for rent

LILY CLOSE, IP28 8WR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP28 8WR postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the IP28 8WR postcode.

  • Terraced
    • The average price is around £163,432 median price is £171,000 Standard Deviation is £57,002 with Total Sold: 323
    • The Last 5 Year average price is £220,488 with Total Sold: 61
    • The most recent sale happened at this postcode is , 9 LAVENDER CLOSE: £100,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 36 HEATHERSET WAY: £36,000 (Sold on 03 Jan 1995)
  • Detached
    • The average price is around £239,933 median price is £240,000 Standard Deviation is £110,315 with Total Sold: 265
    • The Last 5 Year average price is £350,266 with Total Sold: 45
    • The most recent sale happened at this postcode is , 14 SNOWDROP WAY: £415,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 2A CLOVER WAY: £52,000 (Sold on 11 Apr 1996)
  • Flat
    • The average price is around £132,383 median price is £131,750 Standard Deviation is £30,334 with Total Sold: 58
    • The Last 5 Year average price is £150,028 with Total Sold: 9
    • The most recent sale happened at this postcode is , 66 WINTERGREEN ROAD: £180,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 69 WINTERGREEN ROAD: £97,995 (Sold on 29 Jan 2010)
  • Semi-Detached
    • The average price is around £150,458 median price is £154,995 Standard Deviation is £70,127 with Total Sold: 307
    • The Last 5 Year average price is £237,158 with Total Sold: 50
    • The most recent sale happened at this postcode is , 1 CLOVER WAY: £265,000 (Sold on 15 Mar 2024)
    • The first recorded sale happened at this postcode is , 21A LABURNUM CLOSE: £37,500 (Sold on 28 Feb 1995)
  • Other
    • The average price is around £618,667 median price is £332,000 Standard Deviation is £767,606 with Total Sold: 6
    • The Last 5 Year average price is £393,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 16 TURNPIKE ROAD: £552,000 (Sold on 13 Jul 2022)
    • The first recorded sale happened at this postcode is , WILLOWAY CARAVAN PARK WILLOWAY PARK: £2,295,000 (Sold on 15 Nov 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£213,400 £3,231 5
2023£234,375 £2,628 4
2022£261,143 £3,099 7
2021£227,578 £2,935 16
2020£197,577 £2,814 13
2019£212,969 £2,718 16
2018£200,615 £3,248 13
2017£214,428 £2,837 14
2016£191,666 £2,630 18
2015£181,642 £2,389 40
2014£171,764 £2,240 28
2013£157,205 £1,892 25
2012£148,284 £4,387 14
2011£148,358 £1,935 16
2010£152,398 £1,780 14
2009£131,662 £2,658 8
2008£167,065 £3,107 5
2007£144,211 £2,211 8
2006£123,124 £1,991 4
2005£121,875 £1,841 8
2004£114,800 £1,741 5
2003£102,643 £1,458 7
2002£75,158 £1,183 6
2001£71,993 £964 7
1999£45,666 £750 6
1998£42,880 £708 5
1997£43,188 £639 4
1996£39,470 £601 5
1995£37,250 £513 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£366,2504
2023£394,583 £3,630 6
2022£375,444 £3,109 9
2021£321,714 £2,850 14
2020£295,833 £2,440 6
2019£378,582 £2,673 6
2018£370,542 £2,855 12
2017£315,168 £2,596 17
2016£275,344 £2,146 23
2015£250,418 £1,970 36
2014£245,674 £2,180 22
2013£202,881 £1,775 11
2012£258,445 £1,759 5
2011£211,071 £1,707 7
2010£177,468 £1,943 10
2009£188,778 £2,408 9
2008£220,000 £3,839 1
2007£213,071 £2,008 7
2006£218,917 £2,899 6
2005£202,500 £1,663 2
2004£172,207 £1,294 7
2003£151,000 £2,021 5
2002£108,899 £1,167 5
2001£105,750 £1,051 6
2000£103,800 £1,082 5
1999£83,700 £700 5
1998£72,894 £594 8
1997£66,083 £672 6
1996£60,300 £528 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2023£187,167 £24,443 3
2022£121,000 £2,069 2
2020£154,500 £2,801 2
2019£57,750 £1,069 1
2018£167,500 £2,839 1
2017£150,333 £2,461 6
2016£148,063 £12,862 9
2015£147,928 £8,079 7
2014£130,796 £2,414 5
2013£109,710 £7,563 7
2012£114,997 £1,759 3
2011£106,248 £19,392 6
2010£97,197 £14,271 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£265,0001
2023£238,286 £3,486 7
2022£250,688 £3,338 8
2021£233,529 £3,098 17
2020£199,667 £3,578 3
2019£239,314 £2,680 14
2018£216,500 £2,832 10
2017£211,997 £2,811 17
2016£198,330 £2,388 21
2015£182,130 £2,552 11
2014£171,128 £2,119 16
2013£155,420 £1,878 13
2012£134,099 £2,435 5
2011£161,421 £1,811 13
2010£150,922 £1,791 14
2009£191,000 £2,218 2
2008£138,551 £2,578 4
2007£163,869 £1,669 8
2006£147,958 £1,997 12
2005£144,338 £1,727 8
2004£144,090 £1,686 11
2003£108,195 £1,450 10
2002£91,858 £1,184 6
2001£71,110 £921 15
2000£68,605 £871 11
1999£72,120 £664 10
1998£52,672 £601 9
1997£47,665 £548 6
1996£43,512 £534 13
1995£40,946 £542 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£552,000 £7,459 1
2021£234,0001
2018£100,500 £597 2
2017£430,0001
2016£2,295,0001

House Type in IP28 8WR area

The most common house types in the IP28 8WR postcode area are Detached (159), Terraced (34), and Semi-detached (30).

Total242
Detached159
Terraced34
Semi-detached30
Flat16
temporary structure3
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (119), and Private rented: Private landlord or letting agency (62).

Owned: Owns with a mortgage or loan119
Private rented: Private landlord or letting agency62
Owned: Owns outright51
Private rented: Other private rented7
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IP28 8WR have 2 people in household (82), and 1 person in household (68).

2 people in household82
1 person in household68
3 people in household47
4 people in household30
5 people in household12
6 people in household3
7 people in household1
0 people in household0
8 or more people in household0