Housing Market Analysis for IP31 1ET

Are you looking to understand IP31 1ET 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 IP31 1ET area, explore the IP31 1ET Area information page.
For comprehensive crime statistics in the IP31 1ET area, explore the IP31 1ET Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP31 1ET postcode area, The average prices are as follows,

  • Detached
    • The average price is around £383,636 median price is £355,000 Standard Deviation is £198,833 with Total Sold: 7
    • The Last 5 Year average price is £599,833 with Total Sold: 3
    • The most recent sale happened at this postcode is WALNUT TREE HOUSE: £600,000 (Sold on 21 Jun 2023)
    • The first recorded sale happened at this postcode is OAKLANDS: £600,000 (Sold on 03 Apr 2023)
  • Semi-Detached
    • The average price is around £155,333 median price is £187,000 Standard Deviation is £70,985 with Total Sold: 3
    • The most recent sale happened at this postcode is RED HOUSE FARM BUNGALOW: £187,000 (Sold on 11 Apr 2011)
    • The first recorded sale happened at this postcode is RED HOUSE FARM COTTAGE: £57,000 (Sold on 04 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 1ET 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£600,0002
2020£599,500 £3,701 1
2016£231,000 £1,298 1
2009£190,000 £2,500 1
2005£355,000 £2,191 1
1999£109,9501
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£187,000 £2,120 1
2004£222,000 £2,176 1
1997£57,000 £559 1

All the Sales in the IP31 1ET

See the table below for more details on the sold house prices in the IP31 1ET, West Suffolk postcode.

AddressSold DatePrice% Change
WALNUT TREE HOUSEDetached, Freehold21 Jun 2023£600,000First Sale
HAWTHORNSDetached, FreeholdArea: 162 Sq.mtrAge: 1976-198219 Nov 2020£599,50068.87%
09 Nov 2005£355,000First Sale
GLEBE COTTAGEDetached, FreeholdArea: 178 Sq.mtrAge: before 190031 May 2016£231,000First Sale
RED HOUSE FARM BUNGALOWSemi-Detached, FreeholdArea: 88.2 Sq.mtrAge: before 190011 Apr 2011£187,000First Sale
GLEBE LODGEDetached, FreeholdArea: 76 Sq.mtrAge: 1967-197515 May 2009£190,000First Sale
RED HOUSE FARM COTTAGESemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1900-192901 Sep 2004£222,000289.47%
04 Nov 1997£57,000First Sale
LARCH COTTAGEDetached, Freehold20 Jul 1999£109,950First Sale
OAKLANDSDetached, Freehold03 Apr 2023£600,000First Sale

Check out the sold house prices near the IP31 1ET postcode. Properties currently for saleProperties currently for rent

IP31 1ET Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP31 1ET 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 IP31 1ET postcode.

  • Detached
    • The average price is around £266,405 median price is £220,000 Standard Deviation is £164,856 with Total Sold: 92
    • The Last 5 Year average price is £453,081 with Total Sold: 24
    • The most recent sale happened at this postcode is , 12 CAPEL CLOSE: £297,500 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , THE WILLOWS IXWORTH ROAD: £81,000 (Sold on 18 Aug 1995)
  • Semi-Detached
    • The average price is around £183,594 median price is £189,500 Standard Deviation is £92,628 with Total Sold: 42
    • The Last 5 Year average price is £299,444 with Total Sold: 9
    • The most recent sale happened at this postcode is , HONEYSUCKLE COTTAGE THE STREET: £390,000 (Sold on 19 Apr 2022)
    • The first recorded sale happened at this postcode is , 6 PADDOCK WAY: £58,000 (Sold on 30 May 1995)
  • Other
    • The average price is around £329,400 median price is £315,000 Standard Deviation is £170,415 with Total Sold: 5
    • The Last 5 Year average price is £285,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , CUSTOM BIKES LIVERMERE ROAD: £315,000 (Sold on 13 Aug 2021)
    • The first recorded sale happened at this postcode is , 4 PEAR TREE CLOSE: £640,000 (Sold on 27 Oct 2016)
  • Terraced
    • The average price is around £136,333 median price is £138,000 Standard Deviation is £51,217 with Total Sold: 6
    • The Last 5 Year average price is £192,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 17 GARDEN FIELDS: £192,000 (Sold on 28 Feb 2019)
    • The first recorded sale happened at this postcode is , 1 IXWORTH ROAD: £52,000 (Sold on 14 Aug 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£313,7502
2023£508,333 £3,571 3
2022£486,667 £3,512 6
2021£552,500 £2,716 2
2020£419,290 £2,930 5
2019£433,333 £3,141 6
2017£650,000 £1,597 1
2016£275,800 £2,306 5
2015£320,000 £1,982 3
2014£231,333 £2,730 9
2013£207,000 £1,731 3
2011£377,500 £5,916 2
2010£194,000 £1,783 2
2009£243,500 £2,209 3
2007£264,998 £614 2
2006£208,833 £1,339 3
2005£284,750 £1,982 2
2004£161,000 £2,228 2
2003£348,317 £2,825 3
2002£192,500 £1,391 2
2001£132,700 £1,004 5
2000£97,167 £733 3
1999£103,6503
1998£108,483 £790 6
1997£78,667 £851 3
1996£71,600 £693 5
1995£81,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£390,000 £3,482 1
2021£283,333 £3,081 3
2020£322,500 £2,879 2
2019£270,000 £2,798 3
2018£275,500 £2,621 2
2017£281,000 £3,094 2
2015£202,000 £2,020 1
2014£165,000 £1,964 1
2013£192,250 £2,143 2
2012£180,000 £1,333 1
2011£199,500 £2,033 2
2009£142,500 £1,425 1
2008£150,500 £1,552 1
2007£164,975 £2,216 2
2006£185,000 £2,206 3
2005£157,500 £2,230 1
2004£222,000 £2,176 1
2003£143,500 £1,575 2
2001£96,333 £1,017 3
2000£67,000 £913 3
1999£49,000 £860 1
1997£57,000 £559 1
1996£30,0001
1995£51,000 £654 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£315,0001
2020£271,0002
2016£395,000 £5,203 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£192,000 £3,368 1
2017£200,000 £3,509 1
2015£138,000 £2,453 1
2014£138,000 £2,421 1
2003£98,000 £1,742 1
1997£52,0001

House Type in IP31 1ET area

The most common house types in the IP31 1ET postcode area are Detached (95), Semi-detached (42), and Terraced (13).

Total152
Detached95
Semi-detached42
Terraced13
Shared house1
temporary structure1
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (69), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright69
Owned: Owns with a mortgage or loan42
Private rented: Private landlord or letting agency27
Private rented: Other private rented6
Social rented: Other social rented5
Social rented: Rents from council or Local Authority4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP31 1ET have 2 people in household (82), and 1 person in household (33).

2 people in household82
1 person in household33
3 people in household17
4 people in household15
5 people in household5
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0