Housing Market Analysis for WESTLEY LANE, IP29 5RZ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £527,395 median price is £536,555 Standard Deviation is £232,566 with Total Sold: 9
    • The Last 5 Year average price is £748,000 with Total Sold: 2
    • The most recent sale happened at this postcode is THE COTTAGE WESTLEY LANE: £970,000 (Sold on 29 Sep 2021)
    • The first recorded sale happened at this postcode is THE BRIARS WESTLEY LANE: £120,000 (Sold on 15 Oct 1999)
  • Semi-Detached
    • The average price is around £168,333 median price is £180,000 Standard Deviation is £112,571 with Total Sold: 3
    • The most recent sale happened at this postcode is 1, WESTLEY LANE COTTAGES WESTLEY LANE: £300,000 (Sold on 22 Jul 2009)
    • The first recorded sale happened at this postcode is 2 WESTLEY LANE: £25,000 (Sold on 23 Nov 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IP29 5RZ 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
2021£748,000 £6,188 2
2013£660,000 £2,474 1
2010£675,0001
2006£449,5002
2005£536,555 £2,011 1
2001£360,000 £1,349 1
1999£120,000 £450 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£300,000 £2,118 1
2000£180,000 £1,271 1
1998£25,000 £275 1

All the Sales in the WESTLEY LANE, IP29 5RZ

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

AddressSold DatePrice% Change
THE COTTAGE WESTLEY LANEDetached, Freehold29 Sep 2021£970,00061.67%
18 Jul 2006£600,000First Sale
NORTHWOOD WESTLEY LANEDetached, FreeholdArea: 85 Sq.mtrAge: 1967-197527 Aug 2021£526,000First Sale
THE BRIARS WESTLEY LANEDetached, FreeholdArea: 266.82 Sq.mtrAge: 1996-200221 Nov 2013£660,00023.01%
23 Mar 2005£536,55549.04%
06 Aug 2001£360,000200.00%
15 Oct 1999£120,000First Sale
KESWICK END WESTLEY LANEDetached, Freehold02 Sep 2010£675,000125.75%
13 Jul 2006£299,000First Sale
1, WESTLEY LANE COTTAGES WESTLEY LANESemi-Detached, FreeholdArea: 141.67 Sq.mtrAge: 1900-192922 Jul 2009£300,00066.67%
10 Nov 2000£180,000First Sale
2 WESTLEY LANESemi-Detached, FreeholdArea: 91 Sq.mtrAge: before 190023 Nov 1998£25,000First Sale

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

WESTLEY LANE, IP29 5RZ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £244,845 median price is £217,500 Standard Deviation is £163,029 with Total Sold: 66
    • The Last 5 Year average price is £417,000 with Total Sold: 13
    • The most recent sale happened at this postcode is , 15 HORNINGS PARK: £495,000 (Sold on 13 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 THE LIMES: £65,900 (Sold on 23 Jun 1995)
  • Detached
    • The average price is around £354,407 median price is £330,000 Standard Deviation is £197,844 with Total Sold: 131
    • The Last 5 Year average price is £529,456 with Total Sold: 21
    • The most recent sale happened at this postcode is , 14 THE LIMES: £540,000 (Sold on 15 Mar 2024)
    • The first recorded sale happened at this postcode is , 11 ORCHARD WAY: £99,950 (Sold on 22 Feb 1995)
  • Terraced
    • The average price is around £233,165 median price is £207,000 Standard Deviation is £99,284 with Total Sold: 45
    • The Last 5 Year average price is £335,250 with Total Sold: 8
    • The most recent sale happened at this postcode is , 16 THE ELMS: £381,000 (Sold on 14 Dec 2022)
    • The first recorded sale happened at this postcode is , 15 THE ELMS: £79,000 (Sold on 28 Apr 1995)
  • Other
    • The average price is around £4,000,000 median price is £4,000,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , HORRINGER MANOR MANOR LANE: £4,000,000 (Sold on 21 Oct 2016)
    • The first recorded sale happened at this postcode is , HORRINGER MANOR MANOR LANE: £4,000,000 (Sold on 21 Oct 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£495,0001
2023£402,500 £3,970 2
2022£480,000 £3,380 1
2021£439,200 £3,485 5
2020£386,667 £3,316 3
2019£285,000 £2,298 1
2017£325,000 £3,283 1
2016£300,000 £2,128 1
2015£315,333 £2,964 3
2014£285,000 £2,544 2
2013£179,500 £2,564 1
2012£187,500 £2,299 2
2011£243,750 £2,179 2
2010£224,750 £2,324 2
2009£225,000 £1,794 3
2008£272,500 £2,530 2
2007£294,786 £2,665 7
2006£202,300 £2,371 5
2004£240,0001
2003£137,000 £2,001 1
2002£246,667 £1,624 3
2001£167,500 £570 1
2000£143,750 £938 4
1999£88,950 £1,025 1
1998£47,475 £275 2
1997£78,000 £890 4
1996£99,0001
1995£89,225 £728 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£540,000 £4,286 1
2023£411,771 £3,615 4
2022£561,000 £3,924 5
2021£594,000 £4,391 4
2020£485,125 £3,453 4
2019£603,333 £3,151 3
2018£659,975 £2,911 2
2017£460,400 £3,199 5
2016£431,700 £3,249 5
2015£403,503 £3,885 3
2014£428,917 £2,569 6
2013£376,500 £2,507 3
2012£315,000 £2,166 3
2011£357,167 £2,796 3
2010£421,400 £2,799 5
2009£226,112 £2,220 4
2008£497,5002
2007£386,500 £2,703 10
2006£332,933 £2,332 9
2005£381,589 £1,900 9
2004£336,500 £2,167 4
2003£388,125 £2,069 4
2002£203,333 £1,938 3
2001£205,000 £1,305 5
2000£276,500 £1,530 5
1999£155,333 £639 3
1998£117,625 £1,019 8
1997£80,0001
1996£81,475 £1,298 2
1995£121,700 £683 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£372,000 £4,092 2
2021£280,750 £3,337 4
2020£250,000 £3,521 1
2019£565,000 £4,124 1
2018£475,0001
2016£318,500 £2,894 2
2015£206,500 £2,655 2
2014£216,800 £3,010 5
2013£285,000 £2,782 3
2012£172,500 £2,212 1
2011£249,125 £2,283 4
2007£207,621 £2,525 12
2003£157,000 £1,826 1
2001£119,995 £1,224 1
2000£91,000 £1,058 1
1999£90,000 £1,098 1
1995£76,000 £823 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£4,000,0001

House Type in IP29 5RZ area

The most common house types in the IP29 5RZ postcode area are Detached (82), Semi-detached (58), and Terraced (16).

Total162
Detached82
Semi-detached58
Terraced16
Flat5
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (85), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright85
Owned: Owns with a mortgage or loan37
Private rented: Private landlord or letting agency16
Social rented: Other social rented13
Social rented: Rents from council or Local Authority7
Private rented: Other private rented3
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP29 5RZ have 2 people in household (56), and 1 person in household (52).

2 people in household56
1 person in household52
3 people in household30
4 people in household23
5 people in household6
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0