Housing Market Analysis for THE OWELL, IP31 2LE

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £174,353 median price is £180,000 Standard Deviation is £78,764 with Total Sold: 21
    • The Last 5 Year average price is £268,385 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 THE OWELL: £251,000 (Sold on 06 Jul 2022)
    • The first recorded sale happened at this postcode is 11 THE OWELL: £58,750 (Sold on 30 Aug 1996)
  • Terraced
    • The average price is around £310,000 median price is £310,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £310,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 THE OWELL: £310,000 (Sold on 05 Jan 2022)
    • The first recorded sale happened at this postcode is 5 THE OWELL: £310,000 (Sold on 05 Jan 2022)
  • Flat
    • The average price is around £97,625 median price is £109,000 Standard Deviation is £31,379 with Total Sold: 4
    • The most recent sale happened at this postcode is 37 THE OWELL: £127,500 (Sold on 19 Oct 2017)
    • The first recorded sale happened at this postcode is 37 THE OWELL: £45,000 (Sold on 01 Sep 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2LE 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£251,000 £2,535 1
2021£285,770 £3,329 1
2019£305,000 £3,144 1
2017£240,000 £2,857 1
2016£299,000 £2,451 1
2015£242,500 £2,474 1
2012£190,000 £1,721 1
2010£207,500 £1,800 2
2008£177,500 £2,416 2
2006£197,500 £1,264 1
2004£159,950 £1,649 1
2003£124,975 £1,215 2
2002£115,750 £1,226 2
1999£72,000 £686 1
1998£55,000 £514 1
1997£53,500 £546 1
1996£58,750 £599 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£310,000 £3,370 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£127,500 £1,958 1
2012£112,000 £1,720 1
2009£106,000 £1,628 1
1999£45,000 £691 1

All the Sales in the THE OWELL, IP31 2LE

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

AddressSold DatePrice% Change
7 THE OWELLSemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1950-196606 Jul 2022£251,000First Sale
5 THE OWELLTerraced, FreeholdArea: 92 Sq.mtrAge: 1950-196605 Jan 2022£310,000First Sale
39 THE OWELLSemi-Detached, FreeholdArea: 85.85 Sq.mtrAge: 1950-196605 Mar 2021£285,77058.76%
29 Jul 2010£180,00055.17%
17 May 2002£116,000First Sale
9 THE OWELLSemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1967-197514 Jun 2019£305,00058.03%
23 May 2008£193,00020.66%
28 May 2004£159,950First Sale
2 THE OWELLSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-196620 Oct 2017£240,000First Sale
37 THE OWELLFlat, LeaseholdArea: 65.13 Sq.mtrAge: 1950-196619 Oct 2017£127,50013.84%
14 May 2012£112,0005.66%
30 Oct 2009£106,000135.56%
01 Sep 1999£45,000First Sale
14 THE OWELLSemi-Detached, FreeholdArea: 122 Sq.mtrAge: 1967-197508 Aug 2016£299,000First Sale
11 THE OWELLSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1950-196625 Aug 2015£242,50067.30%
23 Jul 2003£144,950146.72%
30 Aug 1996£58,750First Sale
4 THE OWELLSemi-Detached, FreeholdArea: 110.4 Sq.mtrAge: 1950-196621 Sep 2012£190,00080.95%
11 Jul 2003£105,000First Sale
17 THE OWELLSemi-Detached, FreeholdArea: 156.3 Sq.mtrAge: 1930-194926 Apr 2010£235,00018.99%
13 Jun 2006£197,500First Sale
21 THE OWELLSemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1967-197523 May 2008£162,000First Sale
33 THE OWELLSemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1967-197508 Feb 2002£115,50060.42%
14 May 1999£72,000First Sale
31 THE OWELLSemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1950-196617 Apr 1998£55,000First Sale
32 THE OWELLSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1967-197505 Dec 1997£53,500First Sale

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

THE OWELL, IP31 2LE Near By properties

Interactive Map

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

  • Detached
    • The average price is around £269,494 median price is £239,500 Standard Deviation is £163,230 with Total Sold: 144
    • The Last 5 Year average price is £426,250 with Total Sold: 14
    • The most recent sale happened at this postcode is , THE WILLOWS BELL CORNER: £411,000 (Sold on 14 Aug 2024)
    • The first recorded sale happened at this postcode is , 8 THE STREET: £118,000 (Sold on 18 Apr 1995)
  • Semi-Detached
    • The average price is around £161,401 median price is £147,498 Standard Deviation is £92,589 with Total Sold: 62
    • The Last 5 Year average price is £314,539 with Total Sold: 7
    • The most recent sale happened at this postcode is , 6 MANOR GARTH: £440,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , 4 CHURCH GREEN: £42,000 (Sold on 13 Apr 1995)
  • Terraced
    • The average price is around £160,948 median price is £152,000 Standard Deviation is £86,132 with Total Sold: 31
    • The Last 5 Year average price is £311,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , PLUMMERS COTTAGE THE STREET: £355,000 (Sold on 28 Sep 2023)
    • The first recorded sale happened at this postcode is , TALISMAN THE STREET: £44,500 (Sold on 27 Oct 1995)
  • Flat
    • The average price is around £114,100 median price is £112,000 Standard Deviation is £43,283 with Total Sold: 5
    • The most recent sale happened at this postcode is , 37 THE OWELL: £127,500 (Sold on 19 Oct 2017)
    • The first recorded sale happened at this postcode is , 37 THE OWELL: £45,000 (Sold on 01 Sep 1999)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£445,5002
2023£426,625 £4,434 4
2022£402,500 £3,983 2
2021£370,000 £3,592 3
2020£485,000 £3,464 3
2019£400,0001
2018£383,250 £2,484 4
2017£415,625 £3,065 4
2016£275,000 £2,083 2
2015£418,333 £2,544 3
2014£368,422 £2,952 5
2013£330,333 £2,775 3
2012£387,750 £2,286 4
2011£316,667 £2,963 3
2010£411,700 £2,260 5
2008£355,833 £2,743 3
2007£398,625 £2,614 8
2006£278,158 £2,188 6
2005£243,683 £1,815 9
2004£354,700 £2,257 10
2003£233,3333
2002£182,399 £1,223 5
2001£183,988 £1,186 4
2000£130,999 £1,089 5
1999£156,0002
1998£155,136 £1,086 7
1997£141,388 £802 20
1996£80,114 £826 11
1995£90,3333
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£440,0001
2023£368,500 £3,106 2
2022£251,000 £2,535 1
2021£257,923 £3,175 3
2019£290,000 £3,755 2
2018£260,000 £4,127 1
2017£240,000 £2,857 1
2016£299,000 £2,451 1
2015£242,500 £2,474 1
2012£190,000 £1,721 1
2010£221,667 £2,230 3
2009£200,926 £1,945 3
2008£143,333 £1,901 3
2007£174,998 £2,628 3
2006£197,750 £1,264 2
2005£175,500 £2,321 2
2004£134,780 £2,225 5
2003£132,790 £1,378 5
2002£115,900 £1,401 5
2001£72,950 £1,376 1
2000£59,500 £1,123 1
1999£62,650 £852 3
1998£64,988 £772 4
1997£67,112 £734 4
1996£72,067 £675 3
1995£42,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£355,000 £2,689 1
2022£290,000 £3,237 2
2018£227,000 £2,807 2
2017£358,000 £2,712 1
2014£177,500 £3,349 1
2013£130,000 £1,831 1
2012£110,000 £2,500 1
2010£158,000 £3,026 2
2009£156,000 £2,304 2
2007£155,000 £2,348 1
2006£201,000 £2,348 2
2005£156,250 £1,937 2
2004£137,500 £1,495 1
2003£225,0001
2002£184,950 £1,401 1
2001£94,750 £1,658 4
1999£96,250 £862 2
1998£64,950 £984 1
1997£49,000 £742 1
1996£50,000 £543 1
1995£44,500 £1,099 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£127,500 £1,958 1
2012£112,000 £1,720 1
2009£106,000 £1,628 1
1999£112,500 £691 2

House Type in IP31 2LE area

The most common house types in the IP31 2LE postcode area are Semi-detached (78), Detached (16), and Terraced (9).

Total108
Semi-detached78
Detached16
Terraced9
Flat5
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 (36), and Social rented: Other social rented (28).

Owned: Owns outright36
Social rented: Other social rented28
Owned: Owns with a mortgage or loan24
Social rented: Rents from council or Local Authority10
Private rented: Private landlord or letting agency8
Shared ownership: Shared ownership1
Private rented: Other private rented1
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the IP31 2LE have 2 people in household (46), and 3 people in household (23).

2 people in household46
3 people in household23
1 person in household21
4 people in household15
5 people in household1
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0