Housing Market Analysis for THETFORD ROAD, IP31 2EU

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

Overview of Sold House prices

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

  • Other
    • The average price is around £223,750 median price is £223,750 Standard Deviation is £201,250 with Total Sold: 2
    • The Last 5 Year average price is £425,000 with Total Sold: 1
    • The most recent sale happened at this postcode is EVERTON HOUSE THETFORD ROAD: £425,000 (Sold on 15 Jun 2023)
    • The first recorded sale happened at this postcode is IXWORTH FISH & CHIPS THETFORD ROAD: £22,500 (Sold on 16 Dec 2015)
  • Detached
    • The average price is around £316,000 median price is £277,500 Standard Deviation is £138,746 with Total Sold: 12
    • The Last 5 Year average price is £536,250 with Total Sold: 2
    • The most recent sale happened at this postcode is THE CROWN THETFORD ROAD: £560,000 (Sold on 12 Sep 2022)
    • The first recorded sale happened at this postcode is STOCKACRE HOUSE THETFORD ROAD: £130,000 (Sold on 23 Jun 1999)
  • Terraced
    • The average price is around £47,250 median price is £47,250 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is MIDWELL THETFORD ROAD: £47,250 (Sold on 05 Feb 1996)
    • The first recorded sale happened at this postcode is MIDWELL THETFORD ROAD: £47,250 (Sold on 05 Feb 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2EU 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£425,000 £2,033 1
2015£22,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£560,0001
2020£512,500 £3,942 1
2016£525,000 £3,052 1
2015£273,500 £1,685 1
2008£369,000 £2,145 1
2006£277,500 £1,920 2
2004£222,000 £1,708 1
2003£285,000 £1,657 1
2002£170,000 £1,047 1
2001£190,000 £1,105 1
1999£130,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1996£47,250 £691 1

All the Sales in the THETFORD ROAD, IP31 2EU

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

AddressSold DatePrice% Change
EVERTON HOUSE THETFORD ROADOther, FreeholdArea: 209 Sq.mtrAge: before 190015 Jun 2023£425,000First Sale
THE CROWN THETFORD ROADDetached, Freehold12 Sep 2022£560,000First Sale
8 THETFORD ROADDetached, FreeholdArea: 130 Sq.mtrAge: before 190031 Jan 2020£512,50086.36%
04 Aug 2006£275,00023.87%
25 Jun 2004£222,000First Sale
VINERY HOUSE THETFORD ROADDetached, FreeholdArea: 172 Sq.mtrAge: before 190011 Mar 2016£525,00042.28%
18 Aug 2008£369,00029.47%
10 Oct 2003£285,00050.00%
26 Oct 2001£190,000First Sale
IXWORTH FISH & CHIPS THETFORD ROADOther, Leasehold16 Dec 2015£22,500First Sale
STABLE COTTAGE THETFORD ROADDetached, FreeholdArea: 162.34 Sq.mtrAge: before 190019 May 2015£273,500-2.32%
20 Apr 2006£280,00064.71%
22 Mar 2002£170,000First Sale
STOCKACRE HOUSE THETFORD ROADDetached, Freehold23 Jun 1999£130,000First Sale
MIDWELL THETFORD ROADTerraced, FreeholdArea: 68.4 Sq.mtrAge: 1967-197505 Feb 1996£47,250First Sale

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

THETFORD ROAD, IP31 2EU Near By properties

Interactive Map

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

  • Detached
    • The average price is around £243,111 median price is £225,000 Standard Deviation is £144,745 with Total Sold: 557
    • The Last 5 Year average price is £390,394 with Total Sold: 80
    • The most recent sale happened at this postcode is , HOLLY BUNGALOW STOW ROAD: £456,000 (Sold on 24 Sep 2024)
    • The first recorded sale happened at this postcode is , 8 STREET FARM LANE: £72,500 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £164,983 median price is £163,750 Standard Deviation is £82,035 with Total Sold: 152
    • The Last 5 Year average price is £248,283 with Total Sold: 23
    • The most recent sale happened at this postcode is , 6 LOWER FARM DRIVE: £300,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 CHALK TERRACE: £52,250 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £715,278 median price is £450,000 Standard Deviation is £543,515 with Total Sold: 9
    • The Last 5 Year average price is £867,500 with Total Sold: 6
    • The most recent sale happened at this postcode is , THE PRIORY HIGH STREET: £1,800,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , IXWORTH FISH & CHIPS THETFORD ROAD: £22,500 (Sold on 16 Dec 2015)
  • Semi-Detached
    • The average price is around £189,231 median price is £168,000 Standard Deviation is £110,377 with Total Sold: 171
    • The Last 5 Year average price is £325,712 with Total Sold: 21
    • The most recent sale happened at this postcode is , 6 GARRARD PLACE: £220,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 6 STREET FARM LANE: £54,000 (Sold on 01 Dec 1995)
  • Flat
    • The average price is around £148,714 median price is £119,500 Standard Deviation is £95,319 with Total Sold: 15
    • The Last 5 Year average price is £260,800 with Total Sold: 5
    • The most recent sale happened at this postcode is THE CHAMBERS, ROBERT PEEL HOUSE, 3 HIGH STREET: £360,000 (Sold on 24 Feb 2023)
    • The first recorded sale happened at this postcode is , 22 THETFORD ROAD: £32,500 (Sold on 05 Feb 1999)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£413,6673
2023£377,955 £3,486 11
2022£441,235 £3,218 17
2021£386,023 £3,169 22
2020£376,750 £3,394 16
2019£346,500 £2,862 11
2018£432,643 £3,041 14
2017£403,833 £3,009 15
2016£308,204 £2,728 12
2015£311,130 £2,701 23
2014£269,447 £2,462 19
2013£270,222 £2,150 18
2012£249,786 £2,248 21
2011£255,194 £2,172 9
2010£254,969 £2,512 16
2009£248,400 £1,813 15
2008£338,950 £2,862 11
2007£296,006 £2,166 33
2006£280,301 £2,170 32
2005£208,324 £1,783 21
2004£208,709 £1,769 30
2003£190,968 £1,609 16
2002£172,445 £1,445 29
2001£140,509 £1,186 22
2000£122,712 £1,141 21
1999£102,608 £934 25
1998£96,724 £696 17
1997£92,350 £762 22
1996£76,654 £666 23
1995£80,788 £799 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£261,667 £3,472 3
2023£277,250 £3,196 4
2022£247,500 £3,220 6
2021£243,333 £3,506 3
2020£224,667 £2,547 3
2019£231,875 £2,757 4
2018£232,000 £3,129 12
2017£255,312 £3,039 8
2016£177,875 £1,999 4
2015£234,857 £2,380 7
2014£216,400 £2,390 5
2013£159,133 £1,980 6
2012£153,500 £2,056 4
2011£170,000 £1,857 2
2010£181,375 £2,283 4
2009£127,000 £1,967 1
2008£175,917 £1,767 6
2007£177,699 £2,263 5
2006£143,083 £2,083 6
2005£147,514 £1,634 10
2004£133,995 £1,168 4
2003£114,874 £1,623 8
2002£136,108 £1,408 6
2001£85,983 £1,199 3
2000£66,100 £1,059 4
1999£62,210 £731 5
1998£51,900 £559 5
1997£57,800 £635 5
1996£45,850 £516 5
1995£45,312 £672 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,800,0001
2023£425,000 £2,033 1
2021£310,0001
2020£285,0001
2019£1,192,500 £12,428 2
2017£605,000 £2,261 2
2015£22,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£220,0001
2023£361,667 £3,684 3
2022£400,000 £3,358 5
2021£395,750 £3,169 4
2020£236,400 £2,734 5
2019£256,650 £3,313 3
2018£253,500 £3,342 6
2017£287,438 £2,764 8
2016£216,600 £2,746 5
2015£272,712 £2,122 8
2014£213,492 £2,643 6
2013£242,625 £2,112 12
2012£193,000 £2,052 4
2011£187,500 £2,223 4
2010£162,312 £1,916 8
2009£161,250 £1,532 4
2008£206,750 £2,473 4
2007£160,571 £2,187 7
2006£182,583 £2,035 12
2005£145,883 £1,510 6
2004£146,214 £1,604 7
2003£135,667 £1,616 12
2002£152,390 £1,629 5
2001£103,569 £1,116 4
2000£69,167 £913 3
1999£99,790 £989 5
1998£65,324 £1,099 6
1997£54,414 £722 7
1996£66,167 £749 6
1995£54,000 £821 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£360,000 £2,500 1
2022£227,000 £3,027 1
2021£283,500 £2,480 2
2019£150,000 £2,465 1
2015£140,000 £2,301 1
2013£108,500 £1,669 1
2012£114,000 £1,874 1
2007£119,500 £1,964 1
2005£136,0001
2004£107,500 £1,767 1
2002£50,852 £822 2
2001£67,0001
1999£32,500 £439 1

House Type in IP31 2EU area

The most common house types in the IP31 2EU postcode area are Flat (47), Semi-detached (43), and Terraced (41).

Total155
Flat47
Semi-detached43
Terraced41
Detached24
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (79), and Owned: Owns outright (22).

Social rented: Other social rented79
Owned: Owns outright22
Owned: Owns with a mortgage or loan19
Social rented: Rents from council or Local Authority19
Private rented: Private landlord or letting agency9
Lives rent free3
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0

Number of People in a Household

The most houses in the IP31 2EU have 1 person in household (71), and 2 people in household (44).

1 person in household71
2 people in household44
3 people in household20
4 people in household15
6 people in household3
5 people in household2
7 people in household1
0 people in household0
8 or more people in household0