Housing Market Analysis for THETFORD ROAD, IP31 1HQ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £270,000 median price is £270,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is SHEPHERDS COTTAGE THETFORD ROAD: £270,000 (Sold on 29 Apr 2005)
    • The first recorded sale happened at this postcode is SHEPHERDS COTTAGE THETFORD ROAD: £270,000 (Sold on 29 Apr 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 1HQ 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
2005£270,0001

All the Sales in the THETFORD ROAD, IP31 1HQ

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

AddressSold DatePrice% Change
SHEPHERDS COTTAGE THETFORD ROADDetached, Freehold29 Apr 2005£270,000First Sale

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

THETFORD ROAD, IP31 1HQ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £289,390 median price is £264,375 Standard Deviation is £170,730 with Total Sold: 154
    • The Last 5 Year average price is £503,925 with Total Sold: 20
    • The most recent sale happened at this postcode is , 6 PADDOCK FARM: £465,000 (Sold on 16 Oct 2023)
    • The first recorded sale happened at this postcode is , NEVADA THETFORD ROAD: £71,500 (Sold on 26 May 1995)
  • Semi-Detached
    • The average price is around £225,214 median price is £230,000 Standard Deviation is £141,245 with Total Sold: 14
    • The Last 5 Year average price is £387,500 with Total Sold: 3
    • The most recent sale happened at this postcode is , 4 RUSHFORD ROAD: £375,000 (Sold on 09 Dec 2022)
    • The first recorded sale happened at this postcode is , 9 THETFORD ROAD: £65,500 (Sold on 21 May 1999)
  • Other
    • The average price is around £459,450 median price is £440,000 Standard Deviation is £447,360 with Total Sold: 5
    • The Last 5 Year average price is £459,450 with Total Sold: 5
    • The most recent sale happened at this postcode is , BRIDGMAN HOUSE THE STREET: £1,200,000 (Sold on 03 Aug 2022)
    • The first recorded sale happened at this postcode is , LINDEN HOUSE THE STREET: £3,750 (Sold on 20 Mar 2019)
  • Terraced
    • The average price is around £116,499 median price is £122,498 Standard Deviation is £66,144 with Total Sold: 6
    • The most recent sale happened at this postcode is , 17 THETFORD ROAD: £170,000 (Sold on 02 Oct 2017)
    • The first recorded sale happened at this postcode is , 1 THETFORD ROAD: £42,000 (Sold on 08 Jun 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£548,125 £4,145 4
2022£634,000 £3,735 5
2021£481,429 £3,836 7
2020£358,000 £3,287 2
2019£315,000 £2,834 2
2018£622,5001
2017£396,250 £3,429 4
2016£441,000 £2,421 5
2015£495,625 £2,388 4
2014£324,800 £2,034 10
2013£249,000 £2,526 2
2012£486,000 £2,048 3
2011£338,400 £1,871 5
2010£345,075 £2,012 6
2009£286,250 £1,613 4
2008£250,000 £1,877 1
2007£251,607 £1,693 7
2006£256,190 £1,772 5
2005£247,222 £1,443 9
2004£308,888 £1,820 9
2003£229,500 £1,122 6
2002£197,242 £1,203 6
2001£228,188 £1,156 12
2000£194,614 £1,184 7
1999£154,798 £943 4
1998£116,429 £327 7
1997£95,656 £539 8
1996£99,833 £668 6
1995£74,833 £582 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£455,000 £3,753 2
2021£252,500 £3,713 1
2017£305,000 £2,629 1
2016£365,000 £2,704 1
2014£272,000 £2,015 1
2013£176,500 £1,940 1
2011£280,000 £1,772 1
2002£193,2502
2001£92,000 £1,353 1
2000£24,0002
1999£65,500 £963 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£925,000 £3,570 2
2021£440,000 £3,359 1
2020£3,500 £21 1
2019£3,750 £19 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£170,000 £3,036 1
2016£205,000 £2,384 1
2011£165,000 £2,224 1
2001£37,000 £661 1
2000£79,995 £1,078 1
1995£42,0001

House Type in IP31 1HQ area

The most common house types in the IP31 1HQ postcode area are Detached (129), Semi-detached (27), and Terraced (5).

Total163
Detached129
Semi-detached27
Terraced5
Flat2
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 (85), and Owned: Owns with a mortgage or loan (54).

Owned: Owns outright85
Owned: Owns with a mortgage or loan54
Private rented: Private landlord or letting agency10
Social rented: Other social rented5
Social rented: Rents from council or Local Authority4
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP31 1HQ have 2 people in household (89), and 1 person in household (33).

2 people in household89
1 person in household33
3 people in household21
4 people in household13
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0