Housing Market Analysis for THE PADDOCK, IP31 2HG

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £406,667 median price is £415,000 Standard Deviation is £177,686 with Total Sold: 3
    • The Last 5 Year average price is £620,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BEECHBOROUGH THE PADDOCK: £620,000 (Sold on 19 Dec 2019)
    • The first recorded sale happened at this postcode is LAMMAS FIELD THE PADDOCK: £185,000 (Sold on 01 Apr 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2HG 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
2019£620,000 £2,500 1
2003£415,0001
1998£185,0001

All the Sales in the THE PADDOCK, IP31 2HG

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

AddressSold DatePrice% Change
BEECHBOROUGH THE PADDOCKDetached, FreeholdArea: 248 Sq.mtrAge: 1967-197519 Dec 2019£620,000First Sale
LAMMAS FIELD THE PADDOCKDetached, Freehold03 Nov 2003£415,000124.32%
01 Apr 1998£185,000First Sale

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

THE PADDOCK, IP31 2HG Near By properties

Interactive Map

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

  • Detached
    • The average price is around £246,338 median price is £229,995 Standard Deviation is £146,678 with Total Sold: 471
    • The Last 5 Year average price is £382,591 with Total Sold: 69
    • 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 £166,332 median price is £165,000 Standard Deviation is £82,461 with Total Sold: 152
    • The Last 5 Year average price is £250,438 with Total Sold: 24
    • 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 £550,357 median price is £425,000 Standard Deviation is £533,761 with Total Sold: 7
    • The Last 5 Year average price is £676,000 with Total Sold: 5
    • 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 £192,380 median price is £169,000 Standard Deviation is £112,542 with Total Sold: 159
    • The Last 5 Year average price is £328,500 with Total Sold: 20
    • 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£407,389 £3,502 9
2022£397,214 £3,260 14
2021£399,328 £3,059 16
2020£367,235 £3,351 17
2019£329,800 £2,882 10
2018£443,500 £3,078 12
2017£390,900 £2,820 15
2016£318,677 £2,708 11
2015£317,684 £2,779 19
2014£277,618 £2,439 17
2013£280,933 £2,146 15
2012£252,528 £2,206 18
2011£263,107 £2,271 7
2010£255,143 £2,564 14
2009£224,692 £1,783 13
2008£338,950 £2,862 11
2007£302,537 £2,164 32
2006£293,018 £2,206 27
2005£203,553 £1,654 15
2004£203,259 £1,728 26
2003£201,500 £1,597 12
2002£154,795 £1,450 21
2001£136,657 £1,163 14
2000£126,234 £1,136 19
1999£104,838 £930 20
1998£99,896 £669 14
1997£84,750 £746 20
1996£70,694 £633 18
1995£81,937 £799 12
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£243,500 £2,547 4
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£162,929 £1,767 7
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£138,330 £1,408 5
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£43,562 £516 4
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£560,0001
2017£450,000 £2,261 1
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£250,000 £3,381 2
2018£253,500 £3,342 6
2017£287,438 £2,764 8
2016£212,500 £2,770 4
2015£287,386 £2,140 7
2014£216,190 £2,643 5
2013£242,625 £2,112 12
2012£193,000 £2,052 4
2011£187,500 £2,223 4
2010£164,786 £1,913 7
2009£161,667 £1,532 3
2008£230,667 £2,473 3
2007£160,571 £2,187 7
2006£182,583 £2,035 12
2005£159,660 £1,510 5
2004£146,214 £1,604 7
2003£134,591 £1,513 11
2002£152,390 £1,629 5
2001£103,569 £1,116 4
2000£69,167 £913 3
1999£98,238 £1,204 4
1998£63,789 £985 5
1997£54,414 £722 7
1996£68,700 £674 5
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 2HG area

The most common house types in the IP31 2HG postcode area are Detached (65), Terraced (28), and Semi-detached (24).

Total120
Detached65
Terraced28
Semi-detached24
commercial building3
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Owned: Owns with a mortgage or loan (28).

Owned: Owns outright58
Owned: Owns with a mortgage or loan28
Private rented: Private landlord or letting agency22
Private rented: Other private rented10
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP31 2HG have 2 people in household (55), and 1 person in household (29).

2 people in household55
1 person in household29
4 people in household14
3 people in household12
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0