Housing Market Analysis for COMMON LANE, IP31 1EY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £445,750 median price is £372,500 Standard Deviation is £146,336 with Total Sold: 4
    • The Last 5 Year average price is £698,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WILLOW HOUSE, 15 COMMON LANE: £698,000 (Sold on 24 Oct 2022)
    • The first recorded sale happened at this postcode is 15 COMMON LANE: £340,000 (Sold on 22 Oct 2004)
  • Detached
    • The average price is around £150,000 median price is £150,000 Standard Deviation is £35,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 17 COMMON LANE: £185,000 (Sold on 30 Mar 2006)
    • The first recorded sale happened at this postcode is 17 COMMON LANE: £115,000 (Sold on 01 Feb 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 1EY 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£698,0001
2015£380,0001
2007£365,0001
2004£340,000 £2,138 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£185,0001
2000£115,0001

All the Sales in the COMMON LANE, IP31 1EY

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

AddressSold DatePrice% Change
WILLOW HOUSE, 15 COMMON LANESemi-Detached, Freehold24 Oct 2022£698,00083.68%
29 Jun 2015£380,000First Sale
14 COMMON LANESemi-Detached, Freehold19 Dec 2007£365,000First Sale
17 COMMON LANEDetached, Freehold30 Mar 2006£185,00060.87%
01 Feb 2000£115,000First Sale
15 COMMON LANESemi-Detached, FreeholdArea: 159 Sq.mtrAge: before 190022 Oct 2004£340,000First Sale

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

COMMON LANE, IP31 1EY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £262,944 median price is £195,000 Standard Deviation is £194,889 with Total Sold: 9
    • The Last 5 Year average price is £698,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , WILLOW HOUSE, 15 COMMON LANE: £698,000 (Sold on 24 Oct 2022)
    • The first recorded sale happened at this postcode is , 19 CHURCH LANE: £37,000 (Sold on 10 Jan 2000)
  • Detached
    • The average price is around £301,500 median price is £287,500 Standard Deviation is £183,475 with Total Sold: 6
    • The Last 5 Year average price is £500,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , CHAPEL HOUSE CHURCH LANE: £500,000 (Sold on 05 Oct 2022)
    • The first recorded sale happened at this postcode is , CHAPEL HOUSE CHURCH LANE: £79,000 (Sold on 30 Oct 1998)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£698,0001
2015£380,0001
2007£240,0002
2006£195,000 £2,760 1
2005£157,500 £2,230 1
2004£340,000 £2,138 1
2001£79,0001
2000£37,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£500,000 £2,193 1
2015£390,000 £1,711 1
2011£540,000 £9,824 1
2006£185,0001
2000£115,0001
1998£79,000 £346 1

House Type in IP31 1EY area

The most common house types in the IP31 1EY 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 1EY 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