Housing Market Analysis for PARK FARM DRIVE, IP31 2DL

Are you looking to understand IP31 2DL 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 2DL area, explore the IP31 2DL Area information page.
For comprehensive crime statistics in the IP31 2DL area, explore the IP31 2DL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP31 2DL postcode area, The average prices are as follows,

  • Detached
    • The average price is around £425,000 median price is £370,000 Standard Deviation is £275,892 with Total Sold: 6
    • The Last 5 Year average price is £670,000 with Total Sold: 2
    • The most recent sale happened at this postcode is THE LODGE PARK FARM DRIVE: £950,000 (Sold on 23 Feb 2022)
    • The first recorded sale happened at this postcode is PADDOCK END PARK FARM DRIVE: £130,000 (Sold on 17 Oct 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2DL 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
2022£950,0001
2021£390,000 £3,258 1
2016£350,000 £2,924 1
2012£565,0001
2002£165,0001
2000£130,000 £1,086 1

All the Sales in the PARK FARM DRIVE, IP31 2DL

See the table below for more details on the sold house prices in the IP31 2DL, West Suffolk postcode.

AddressSold DatePrice% Change
THE LODGE PARK FARM DRIVEDetached, Freehold23 Feb 2022£950,00068.14%
28 Aug 2012£565,000First Sale
PADDOCK END PARK FARM DRIVEDetached, FreeholdArea: 119.7 Sq.mtrAge: 1967-197523 Aug 2021£390,00011.43%
15 Sep 2016£350,000169.23%
17 Oct 2000£130,000First Sale
WOODLANDS PARK FARM DRIVEDetached, Freehold18 Oct 2002£165,000First Sale

Check out the sold house prices near the IP31 2DL postcode. Properties currently for saleProperties currently for rent

PARK FARM DRIVE, IP31 2DL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP31 2DL 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 2DL postcode.

  • Semi-Detached
    • The average price is around £162,261 median price is £169,975 Standard Deviation is £75,320 with Total Sold: 198
    • The Last 5 Year average price is £249,604 with Total Sold: 36
    • The most recent sale happened at this postcode is , 50 FORDHAMS CLOSE: £235,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 42 FORDHAMS CLOSE: £46,000 (Sold on 24 Aug 1995)
  • Detached
    • The average price is around £232,521 median price is £205,000 Standard Deviation is £143,108 with Total Sold: 167
    • The Last 5 Year average price is £360,574 with Total Sold: 34
    • The most recent sale happened at this postcode is , 12 GILBERT ROAD: £370,000 (Sold on 08 Mar 2024)
    • The first recorded sale happened at this postcode is , 7 FORDHAMS CLOSE: £69,000 (Sold on 11 Jan 1995)
  • Terraced
    • The average price is around £139,638 median price is £131,000 Standard Deviation is £71,968 with Total Sold: 110
    • The Last 5 Year average price is £228,781 with Total Sold: 16
    • The most recent sale happened at this postcode is , 9 GILBERT ROAD: £245,000 (Sold on 28 Nov 2023)
    • The first recorded sale happened at this postcode is , 2 STURGEON WAY: £35,785 (Sold on 30 Jun 1995)
  • Flat
    • The average price is around £87,939 median price is £80,000 Standard Deviation is £31,926 with Total Sold: 45
    • The Last 5 Year average price is £99,286 with Total Sold: 7
    • The most recent sale happened at this postcode is , 3 FIELD COURT: £90,000 (Sold on 15 Jun 2023)
    • The first recorded sale happened at this postcode is , 40 THE STREET: £33,500 (Sold on 02 Jul 1999)
  • Other
    • The average price is around £298,333 median price is £200,000 Standard Deviation is £153,424 with Total Sold: 3
    • The Last 5 Year average price is £200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , MOUNT PLEASANT BURY LANE: £200,000 (Sold on 12 Jan 2023)
    • The first recorded sale happened at this postcode is , DOCTORS HALL BURY LANE: £515,000 (Sold on 10 Jul 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£243,333 £2,978 3
2023£288,333 £2,725 3
2022£262,875 £2,952 8
2021£250,972 £2,712 9
2020£236,417 £2,698 6
2019£230,071 £2,479 7
2018£202,500 £2,154 1
2017£237,667 £3,301 3
2016£211,410 £2,837 17
2015£227,165 £2,644 12
2014£179,281 £2,274 14
2013£166,083 £1,894 9
2012£130,375 £1,757 4
2011£94,500 £1,454 1
2010£151,000 £1,869 6
2009£161,590 £2,566 5
2008£165,500 £1,949 3
2007£170,849 £1,950 7
2006£198,375 £2,606 4
2005£166,357 £1,879 7
2004£139,000 £1,680 4
2003£122,296 £1,682 12
2002£111,405 £1,151 10
2001£66,590 £1,030 5
2000£72,863 £782 11
1999£53,238 £732 8
1998£72,244 £825 10
1997£56,399 £528 5
1996£57,650 £643 3
1995£46,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£358,500 £2,844 2
2022£395,182 £3,234 11
2021£341,214 £2,965 7
2020£328,000 £3,087 3
2019£347,545 £2,995 11
2018£258,333 £2,421 3
2017£350,667 £2,534 3
2016£307,600 £2,671 15
2015£306,998 £2,210 7
2014£310,874 £2,315 8
2013£175,000 £1,833 3
2012£276,562 £2,188 8
2011£180,000 £1,245 1
2010£187,500 £1,843 2
2009£212,500 £1,497 2
2008£252,667 £2,402 3
2007£253,125 £3,000 4
2006£158,7502
2005£191,690 £1,636 5
2004£250,685 £1,423 10
2003£127,993 £1,397 8
2002£189,938 £1,340 8
2001£134,214 £1,036 7
2000£137,625 £1,462 4
1999£90,500 £721 5
1998£73,666 £754 6
1997£77,364 £756 7
1996£61,300 £525 5
1995£63,964 £691 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£225,333 £2,851 3
2021£251,333 £2,735 6
2020£179,750 £2,809 2
2019£223,400 £2,949 5
2018£199,250 £2,874 4
2017£197,500 £2,460 2
2016£201,498 £2,378 6
2015£220,569 £2,410 7
2014£165,082 £2,293 6
2012£112,500 £1,870 3
2011£122,317 £1,951 3
2010£126,500 £2,124 2
2009£125,000 £2,154 1
2008£132,000 £2,050 1
2007£148,867 £1,833 6
2006£144,499 £2,074 7
2005£148,583 £1,635 6
2004£125,000 £1,760 1
2003£132,475 £1,750 2
2002£103,799 £1,075 5
2001£65,200 £955 5
2000£58,825 £995 6
1999£66,279 £713 5
1998£62,125 £996 4
1997£45,583 £573 6
1996£59,625 £658 4
1995£36,892 £823 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£122,000 £2,668 2
2022£93,375 £2,916 4
2019£77,500 £2,422 1
2018£170,000 £2,464 1
2017£89,500 £2,481 3
2016£114,062 £2,301 8
2015£91,426 £2,094 7
2014£68,378 £2,009 14
2013£72,500 £1,925 2
2004£85,0001
2001£50,5001
1999£33,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£200,000 £2,899 1
2017£347,500 £2,150 2

House Type in IP31 2DL area

The most common house types in the IP31 2DL postcode area are Detached (71), Terraced (39), and Semi-detached (25).

Total144
Detached71
Terraced39
Semi-detached25
Flat8
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (84), and Owned: Owns with a mortgage or loan (28).

Owned: Owns outright84
Owned: Owns with a mortgage or loan28
Social rented: Other social rented13
Private rented: Private landlord or letting agency7
Private rented: Other private rented5
Shared ownership: Shared ownership3
Social rented: Rents from council or Local Authority2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP31 2DL have 1 person in household (58), and 2 people in household (45).

1 person in household58
2 people in household45
3 people in household20
4 people in household15
5 people in household6
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0