Housing Market Analysis for MILL LANE, IP29 5BS

Are you looking to understand IP29 5BS 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 IP29 5BS area, explore the IP29 5BS Area information page.
For comprehensive crime statistics in the IP29 5BS area, explore the IP29 5BS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP29 5BS postcode area, The average prices are as follows,

  • Detached
    • The average price is around £274,655 median price is £250,000 Standard Deviation is £148,822 with Total Sold: 29
    • The Last 5 Year average price is £461,583 with Total Sold: 6
    • The most recent sale happened at this postcode is 8 MILL LANE: £347,500 (Sold on 14 Feb 2023)
    • The first recorded sale happened at this postcode is 14 MILL LANE: £326,000 (Sold on 07 Aug 2024)
  • Semi-Detached
    • The average price is around £185,833 median price is £159,000 Standard Deviation is £104,413 with Total Sold: 3
    • The most recent sale happened at this postcode is 9 MILL LANE: £325,000 (Sold on 31 Jan 2019)
    • The first recorded sale happened at this postcode is 16 MILL LANE: £73,500 (Sold on 27 Nov 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IP29 5BS 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
2023£347,500 £4,964 1
2022£527,000 £3,194 1
2021£533,250 £4,022 2
2020£502,500 £5,830 1
2019£365,000 £2,212 1
2017£402,500 £3,343 2
2016£480,000 £2,609 1
2015£255,000 £2,959 1
2014£280,000 £2,376 2
2013£222,500 £2,709 2
2009£246,250 £2,194 2
2006£236,0001
2005£328,500 £2,028 1
2004£215,000 £2,622 1
2002£160,250 £1,540 2
2001£116,000 £1,258 4
1997£69,000 £426 1
1996£86,0001
1995£74,000 £755 1
2024£326,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£325,000 £2,539 1
2011£159,000 £2,469 1
1998£73,5001

All the Sales in the MILL LANE, IP29 5BS

See the table below for more details on the sold house prices in the IP29 5BS, West Suffolk postcode.

AddressSold DatePrice% Change
8 MILL LANEDetached, FreeholdArea: 70 Sq.mtrAge: 1950-196614 Feb 2023£347,50061.63%
29 May 2013£215,000First Sale
25 MILL LANEDetached, FreeholdArea: 165 Sq.mtrAge: 1976-198223 Nov 2022£527,00044.38%
11 Jul 2019£365,00017.74%
21 Oct 2014£310,000First Sale
6 MILL LANEDetached, FreeholdArea: 184 Sq.mtrAge: 1950-196609 Dec 2021£595,00023.96%
26 May 2016£480,000First Sale
24 MILL LANEDetached, FreeholdArea: 98 Sq.mtrAge: 1967-197509 Dec 2021£471,500105.00%
19 Dec 2013£230,0006.98%
13 Feb 2009£215,00072.69%
05 Oct 2001£124,50068.24%
30 Jun 1995£74,000First Sale
17 MILL LANEDetached, FreeholdArea: 86.19 Sq.mtrAge: 1967-197502 Nov 2020£502,50097.06%
13 Oct 2015£255,000First Sale
9 MILL LANESemi-Detached, FreeholdArea: 128 Sq.mtrAge: 1967-197531 Jan 2019£325,000First Sale
3 MILL LANEDetached, FreeholdArea: 162 Sq.mtrAge: 2003-200630 Oct 2017£520,00058.30%
24 Aug 2005£328,500376.09%
10 Jul 1997£69,000First Sale
2 MILL LANEDetached, FreeholdArea: 82 Sq.mtrAge: 1950-196620 Jan 2017£285,00032.56%
20 Dec 2004£215,000First Sale
11 MILL LANEDetached, FreeholdArea: 87 Sq.mtrAge: 1950-196628 Aug 2014£250,000First Sale
15 MILL LANESemi-Detached, FreeholdArea: 64.4 Sq.mtrAge: 1950-196626 May 2011£159,000First Sale
1A MILL LANEDetached, Freehold29 May 2009£277,500First Sale
20 MILL LANEDetached, Freehold30 Nov 2006£236,000174.42%
28 Aug 1996£86,000First Sale
13 MILL LANEDetached, Freehold20 Aug 2002£185,000First Sale
14 MILL LANEDetached, FreeholdArea: 88 Sq.mtrAge: 1967-197507 Mar 2002£135,50030.92%
03 Jul 2001£103,500-68.25%
07 Aug 2024£326,000First Sale
21 MILL LANEDetached, Freehold07 Jun 2001£96,000First Sale
18 MILL LANEDetached, FreeholdArea: 105.46 Sq.mtrAge: 1950-196626 Apr 2001£140,000First Sale
16 MILL LANESemi-Detached, Freehold27 Nov 1998£73,500First Sale

Check out the sold house prices near the IP29 5BS postcode. Properties currently for saleProperties currently for rent

MILL LANE, IP29 5BS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP29 5BS 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 IP29 5BS postcode.

  • Detached
    • The average price is around £246,768 median price is £230,000 Standard Deviation is £136,556 with Total Sold: 193
    • The Last 5 Year average price is £433,033 with Total Sold: 23
    • The most recent sale happened at this postcode is , 14 MILL LANE: £326,000 (Sold on 07 Aug 2024)
    • The first recorded sale happened at this postcode is , 14 DALE TREE ROAD: £65,000 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £182,823 median price is £169,250 Standard Deviation is £92,272 with Total Sold: 156
    • The Last 5 Year average price is £295,379 with Total Sold: 17
    • The most recent sale happened at this postcode is , 34 BURY ROAD: £205,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 49 LEY ROAD: £42,000 (Sold on 17 Mar 1995)
  • Terraced
    • The average price is around £164,915 median price is £161,500 Standard Deviation is £80,395 with Total Sold: 74
    • The Last 5 Year average price is £239,558 with Total Sold: 10
    • The most recent sale happened at this postcode is , 11 BRITTONS CRESCENT: £275,000 (Sold on 19 Feb 2024)
    • The first recorded sale happened at this postcode is , 24 BRITTONS CRESCENT: £47,000 (Sold on 28 Apr 1995)
  • Other
    • The average price is around £487,667 median price is £533,000 Standard Deviation is £315,981 with Total Sold: 3
    • The Last 5 Year average price is £533,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , DALHAM HOUSE, 36 THE GREEN: £533,000 (Sold on 09 Dec 2020)
    • The first recorded sale happened at this postcode is , 1A THE STREET: £80,000 (Sold on 13 Jul 2018)
  • Flat
    • The average price is around £184,098 median price is £184,995 Standard Deviation is £2,692 with Total Sold: 5
    • The Last 5 Year average price is £182,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , 15 WATSONS WAY: £182,500 (Sold on 25 Sep 2020)
    • The first recorded sale happened at this postcode is , 34 WATSONS WAY: £179,995 (Sold on 10 Oct 2014)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£313,0002
2023£430,400 £3,952 5
2022£428,458 £3,922 6
2021£467,750 £4,066 6
2020£451,125 £3,769 4
2019£328,000 £3,122 3
2018£385,000 £2,391 1
2017£380,929 £3,158 7
2016£408,299 £2,836 5
2015£373,787 £2,925 9
2014£321,666 £2,775 12
2013£245,500 £2,673 10
2012£246,956 £2,241 10
2011£195,090 £2,301 5
2010£272,500 £2,311 2
2009£246,250 £2,194 2
2008£285,000 £2,809 2
2007£284,400 £2,264 10
2006£266,333 £2,078 6
2005£220,286 £1,948 7
2004£217,772 £1,837 9
2003£204,900 £2,105 11
2002£143,503 £1,454 14
2001£129,562 £1,289 8
2000£118,222 £1,140 9
1999£117,183 £1,196 6
1998£74,000 £472 4
1997£105,100 £714 5
1996£85,750 £832 8
1995£67,980 £755 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,000 £4,279 2
2023£266,650 £3,290 3
2022£304,833 £3,303 3
2021£317,333 £3,973 3
2020£284,167 £2,922 6
2019£249,525 £3,267 4
2018£287,062 £2,943 4
2017£273,375 £3,220 8
2016£252,000 £2,834 5
2015£243,248 £2,907 8
2014£251,331 £2,878 6
2013£252,793 £2,237 7
2012£172,500 £2,251 5
2011£173,000 £2,195 2
2010£188,583 £2,124 6
2009£176,667 £1,926 6
2008£194,667 £2,487 3
2007£173,249 £2,521 7
2006£182,707 £2,569 7
2005£151,300 £2,175 10
2004£153,700 £2,001 5
2003£122,192 £1,828 9
2002£96,007 £1,410 13
2001£70,148 £1,047 4
2000£73,862 £1,186 4
1999£96,900 £1,196 4
1998£60,817 £817 3
1997£52,667 £729 3
1996£56,000 £718 1
1995£43,400 £457 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,000 £3,235 1
2023£235,812 £3,316 4
2022£193,333 £2,417 1
2021£263,000 £3,349 2
2020£229,000 £3,161 2
2019£180,000 £2,250 1
2018£230,000 £2,911 1
2017£283,800 £3,461 4
2016£210,000 £3,088 1
2015£218,941 £2,892 9
2014£231,490 £2,703 6
2013£195,000 £2,786 1
2012£185,000 £2,102 1
2011£275,000 £4,304 1
2010£255,5001
2009£137,000 £1,913 2
2007£179,988 £2,977 4
2006£121,500 £2,490 2
2005£126,1673
2004£123,3333
2003£127,875 £1,557 4
2002£80,750 £1,088 2
2001£90,875 £1,322 2
2000£67,150 £906 3
1999£73,725 £955 2
1998£69,982 £827 3
1997£32,500 £230 1
1996£55,500 £1,046 4
1995£43,167 £550 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£533,0001
2018£465,0002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£182,500 £2,765 1
2019£188,000 £2,848 1
2018£185,000 £2,803 1
2015£184,995 £2,803 1
2014£179,995 £2,727 1

House Type in IP29 5BS area

The most common house types in the IP29 5BS postcode area are Detached (72), Semi-detached (69), and Terraced (39).

Total181
Detached72
Semi-detached69
Terraced39
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (66), and Owned: Owns with a mortgage or loan (61).

Owned: Owns outright66
Owned: Owns with a mortgage or loan61
Social rented: Other social rented30
Private rented: Private landlord or letting agency13
Social rented: Rents from council or Local Authority7
Shared ownership: Shared ownership3
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the IP29 5BS have 2 people in household (81), and 1 person in household (43).

2 people in household81
1 person in household43
3 people in household28
4 people in household15
5 people in household5
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0