Housing Market Analysis for HONEYMEADE CLOSE, IP31 2EF

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

Overview of Sold House prices

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

Detached
- The average price is around £176,444 median price is £182,995 Standard Deviation is £79,963 with Total Sold: 47
- The Last 5 Year average price is £282,850 with Total Sold: 10
- The most recent sale happened at this postcode is 9 HONEYMEADE CLOSE: £250,000 (Sold on 18 Nov 2022)
- The first recorded sale happened at this postcode is 22 HONEYMEADE CLOSE: £347,000 (Sold on 01 Mar 2024)
Semi-Detached
- The average price is around £221,665 median price is £199,995 Standard Deviation is £45,522 with Total Sold: 3
- The Last 5 Year average price is £285,000 with Total Sold: 1
- The most recent sale happened at this postcode is 6 HONEYMEADE CLOSE: £285,000 (Sold on 30 Sep 2022)
- The first recorded sale happened at this postcode is 8 HONEYMEADE CLOSE: £199,995 (Sold on 01 May 2007)
Terraced
- The average price is around £147,000 median price is £180,000 Standard Deviation is £61,357 with Total Sold: 3
- The most recent sale happened at this postcode is 38 HONEYMEADE CLOSE: £200,000 (Sold on 29 Sep 2017)
- The first recorded sale happened at this postcode is 37 HONEYMEADE CLOSE: £61,000 (Sold on 06 Aug 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2EF 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£283,000	£3,332	4
2021	£306,750	£2,372	2
2020	£243,000	£3,087	2
2019	£250,000	£3,788	1
2018	£252,500	£2,210	2
2017	£200,000	£3,030	1
2016	£223,000	£2,700	4
2013	£172,500	£1,625	2
2012	£180,165	£1,881	3
2008	£191,500	£2,402	2
2006	£186,500		1
2005	£179,650	£1,524	3
2004	£164,950		1
2003	£159,498	£1,793	2
2002	£139,000		2
2001	£126,333	£1,236	3
1999	£72,000	£526	1
1998	£72,000	£754	3
1997	£71,250	£1,016	2
1996	£60,167	£503	3
1995	£60,750		2
2024	£347,000	£2,844	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£285,000	£3,167	1
2012	£180,000	£1,702	1
2007	£199,995		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£200,000	£2,174	1
2016	£180,000	£1,667	1
1999	£61,000	£642	1

All the Sales in the HONEYMEADE CLOSE, IP31 2EF

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

Address	Sold Date	Price	% Change
9 HONEYMEADE CLOSEDetached, FreeholdArea: 66 Sq.mtrAge: 1967-1975	18 Nov 2022	£250,000	21.95%
	13 Nov 2020	£205,000	10.81%
	16 Dec 2016	£185,000	First Sale
6 HONEYMEADE CLOSESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1976-1982	30 Sep 2022	£285,000	First Sale
5 HONEYMEADE CLOSEDetached, FreeholdArea: 97 Sq.mtrAge: 1967-1975	15 Aug 2022	£300,000	First Sale
11 HONEYMEADE CLOSEDetached, FreeholdArea: 137 Sq.mtrAge: 1967-1975	01 Jun 2022	£302,000	319.44%
	06 Aug 1999	£72,000	First Sale
3 HONEYMEADE CLOSEDetached, FreeholdArea: 66 Sq.mtrAge: 1967-1975	01 Apr 2022	£280,000	12.00%
	28 Jan 2019	£250,000	First Sale
22 HONEYMEADE CLOSEDetached, FreeholdArea: 122 Sq.mtrAge: 1976-1982	30 Sep 2021	£343,500	346.10%
	07 Aug 1998	£77,000	-77.81%
	01 Mar 2024	£347,000	First Sale
45 HONEYMEADE CLOSEDetached, FreeholdArea: 140 Sq.mtrAge: 1967-1975	12 Mar 2021	£270,000	395.41%
	15 Nov 1996	£54,500	First Sale
42 HONEYMEADE CLOSEDetached, FreeholdArea: 91.62 Sq.mtrAge: 1967-1975	03 Jan 2020	£281,000	75.62%
	26 Apr 2013	£160,000	First Sale
32 HONEYMEADE CLOSEDetached, FreeholdArea: 106 Sq.mtrAge: 1976-1982	16 Feb 2018	£265,000	51.43%
	27 Jun 2005	£175,000	33.59%
	28 Sep 2001	£131,000	First Sale
34 HONEYMEADE CLOSEDetached, FreeholdArea: 125 Sq.mtrAge: 1967-1975	15 Jan 2018	£240,000	First Sale
38 HONEYMEADE CLOSETerraced, FreeholdArea: 92 Sq.mtrAge: 1967-1975	29 Sep 2017	£200,000	First Sale
2 HONEYMEADE CLOSEDetached, FreeholdArea: 66 Sq.mtrAge: 1967-1975	08 Aug 2017	£200,000	First Sale
15 HONEYMEADE CLOSEDetached, FreeholdArea: 110 Sq.mtrAge: 1950-1966	04 Nov 2016	£215,000	First Sale
41 HONEYMEADE CLOSEDetached, FreeholdArea: 107 Sq.mtrAge: 1967-1975	22 Jun 2016	£262,000	296.97%
	29 Aug 1996	£66,000	First Sale
39 HONEYMEADE CLOSETerraced, FreeholdArea: 108 Sq.mtrAge: 1967-1975	30 Apr 2016	£180,000	First Sale
7 HONEYMEADE CLOSEDetached, FreeholdArea: 64 Sq.mtrAge: 1967-1975	12 Feb 2016	£230,000	15.00%
	27 Nov 2008	£200,000	207.69%
	31 Oct 1997	£65,000	First Sale
23 HONEYMEADE CLOSEDetached, FreeholdArea: 123 Sq.mtrAge: 1967-1975	27 Aug 2013	£185,000	First Sale
43 HONEYMEADE CLOSEDetached, FreeholdArea: 109 Sq.mtrAge: 1967-1975	14 Dec 2012	£182,995	-0.00%
	31 Jul 2008	£183,000	First Sale
44 HONEYMEADE CLOSEDetached, FreeholdArea: 136 Sq.mtrAge: 1967-1975	02 Nov 2012	£185,000	-2.61%
	14 Nov 2005	£189,950	19.47%
	31 Jan 2003	£159,000	First Sale
1 HONEYMEADE CLOSEDetached, FreeholdArea: 66.21 Sq.mtrAge: 1967-1975	16 May 2012	£172,500	7.82%
	22 Sep 2003	£159,995	175.85%
	29 Jan 1998	£58,000	First Sale
29 HONEYMEADE CLOSESemi-Detached, FreeholdArea: 105.75 Sq.mtrAge: 1967-1975	27 Jan 2012	£180,000	First Sale
8 HONEYMEADE CLOSESemi-Detached, Freehold	01 May 2007	£199,995	First Sale
33 HONEYMEADE CLOSEDetached, Freehold	28 Jul 2006	£186,500	38.15%
33 HONEYMEADE CLOSEDetached, Freehold	01 Aug 2002	£135,000	First Sale
20 HONEYMEADE CLOSEDetached, Freehold	23 Sep 2005	£174,000	28.89%
20 HONEYMEADE CLOSEDetached, Freehold	14 Nov 2001	£135,000	First Sale
14 HONEYMEADE CLOSEDetached, Freehold	24 Mar 2004	£164,950	45.97%
	23 Mar 2001	£113,000	89.92%
	10 Nov 1995	£59,500	First Sale
28 HONEYMEADE CLOSEDetached, Freehold	12 Aug 2002	£143,000	First Sale
37 HONEYMEADE CLOSETerraced, FreeholdArea: 95 Sq.mtrAge: 1967-1975	06 Aug 1999	£61,000	First Sale
13 HONEYMEADE CLOSEDetached, Freehold	28 Aug 1998	£81,000	35.00%
13 HONEYMEADE CLOSEDetached, Freehold	24 Jun 1996	£60,000	First Sale
19 HONEYMEADE CLOSEDetached, Freehold	29 Aug 1997	£77,500	First Sale
26 HONEYMEADE CLOSEDetached, Freehold	25 Aug 1995	£62,000	First Sale

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

HONEYMEADE CLOSE, IP31 2EF Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £148,991 median price is £144,475 Standard Deviation is £75,313 with Total Sold: 298
- The Last 5 Year average price is £241,785 with Total Sold: 50
- 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 , MILL HOUSE OLD BURY ROAD: £60,000 (Sold on 03 Apr 1995)
Detached
- The average price is around £211,518 median price is £190,000 Standard Deviation is £133,351 with Total Sold: 330
- The Last 5 Year average price is £348,877 with Total Sold: 57
- 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 £128,273 median price is £125,000 Standard Deviation is £68,687 with Total Sold: 186
- The Last 5 Year average price is £210,217 with Total Sold: 30
- 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 £297,750 median price is £248,000 Standard Deviation is £132,873 with Total Sold: 4
- 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 , ROSE & CROWN BURY ROAD: £296,000 (Sold on 03 Sep 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£248,000	£2,967	5
2023	£273,750	£3,171	4
2022	£243,500	£3,203	12
2021	£239,481	£2,939	13
2020	£234,278	£2,736	9
2019	£230,071	£2,479	7
2018	£188,167	£2,707	3
2017	£224,500	£3,302	4
2016	£209,953	£2,732	22
2015	£223,565	£2,615	15
2014	£167,246	£2,319	18
2013	£162,977	£1,994	11
2012	£127,000	£2,028	7
2011	£94,500	£1,454	1
2010	£140,625	£2,018	8
2009	£154,119	£2,500	8
2008	£161,600	£2,087	5
2007	£161,789	£2,289	10
2006	£152,384	£2,508	13
2005	£151,750	£2,141	10
2004	£116,190	£2,085	10
2003	£119,503	£1,723	15
2002	£103,468	£1,158	14
2001	£68,817	£1,030	6
2000	£75,088	£869	17
1999	£50,646	£803	13
1998	£69,037	£864	12
1997	£45,765	£626	13
1996	£49,856	£705	9
1995	£45,812	£851	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£358,500	£2,844	2
2023	£391,000	£3,513	5
2022	£380,972	£3,529	18
2021	£322,962	£3,180	13
2020	£307,875	£3,052	4
2019	£328,433	£3,089	15
2018	£291,439	£2,745	9
2017	£324,900	£2,727	5
2016	£292,675	£2,632	20
2015	£279,529	£2,325	16
2014	£256,905	£2,470	16
2013	£167,643	£2,365	7
2012	£251,131	£2,068	11
2011	£293,700	£2,016	5
2010	£178,000	£2,242	6
2009	£176,398	£2,187	7
2008	£256,143	£2,346	7
2007	£249,472	£2,421	9
2006	£189,000	£2,162	9
2005	£177,161	£2,065	9
2004	£215,638	£1,896	17
2003	£116,391	£1,592	16
2002	£181,850	£1,902	12
2001	£119,458	£1,162	12
2000	£175,136	£1,308	11
1999	£82,562	£895	8
1998	£82,234	£827	16
1997	£86,297	£868	17
1996	£66,150	£673	13
1995	£54,444	£696	15

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£224,083	£3,517	6
2022	£187,167	£3,428	6
2021	£239,429	£2,630	7
2020	£171,200	£2,893	5
2019	£217,833	£3,105	6
2018	£199,250	£2,874	4
2017	£186,000	£2,577	3
2016	£188,314	£2,381	9
2015	£206,598	£2,547	10
2014	£156,618	£2,479	8
2013	£118,750	£2,681	2
2012	£117,500	£1,993	5
2011	£108,136	£2,082	7
2010	£126,500	£2,124	2
2009	£125,000	£2,154	1
2008	£132,000	£2,050	1
2007	£147,028	£1,833	7
2006	£141,116	£2,336	15
2005	£141,929	£1,847	7
2004	£119,667	£2,012	3
2003	£117,707	£1,762	7
2002	£87,268	£1,245	11
2001	£62,688	£987	8
2000	£55,883	£1,022	9
1999	£59,731	£842	8
1998	£55,075	£915	6
1997	£41,608	£725	13
1996	£52,000	£666	6
1995	£35,909	£823	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£85,000		1
2001	£50,500		1
1999	£33,500		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£200,000	£2,899	1
2017	£347,500	£2,150	2
2014	£296,000		1

House Type in IP31 2EF area

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

Total	144
Detached	71
Terraced	39
Semi-detached	25
Flat	8
commercial building	1
Shared house	0
converted building	0
temporary structure	0

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 outright	84
Owned: Owns with a mortgage or loan	28
Social rented: Other social rented	13
Private rented: Private landlord or letting agency	7
Private rented: Other private rented	5
Shared ownership: Shared ownership	3
Social rented: Rents from council or Local Authority	2
Does not apply	0
Lives rent free	0

Number of People in a Household

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

1 person in household	58
2 people in household	45
3 people in household	20
4 people in household	15
5 people in household	6
8 or more people in household	1
0 people in household	0
6 people in household	0
7 people in household	0