Housing Market Analysis for THE OWELL, IP31 2LF

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £146,794 median price is £138,998 Standard Deviation is £71,782 with Total Sold: 10
    • The Last 5 Year average price is £242,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 52 THE OWELL: £257,000 (Sold on 01 Sep 2023)
    • The first recorded sale happened at this postcode is 53 THE OWELL: £59,950 (Sold on 30 Oct 1998)
  • Terraced
    • The average price is around £145,833 median price is £130,000 Standard Deviation is £24,181 with Total Sold: 3
    • The most recent sale happened at this postcode is 55 THE OWELL: £180,000 (Sold on 27 Apr 2018)
    • The first recorded sale happened at this postcode is 55 THE OWELL: £127,500 (Sold on 24 Aug 2005)
  • Detached
    • The average price is around £167,000 median price is £167,000 Standard Deviation is £57,000 with Total Sold: 2
    • The most recent sale happened at this postcode is THE BUNGALOW THE OWELL: £224,000 (Sold on 08 Dec 2004)
    • The first recorded sale happened at this postcode is THE BUNGALOW THE OWELL: £110,000 (Sold on 23 Jun 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2LF 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
2023£257,000 £2,520 2
2021£213,000 £3,000 1
2009£165,000 £1,985 1
2007£149,995 £2,113 1
2004£128,000 £1,803 1
2003£104,000 £1,705 1
2002£72,000 £1,014 1
1999£62,0001
1998£59,9501
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£180,000 £2,535 1
2013£130,000 £1,831 1
2005£127,500 £1,796 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£224,0001
2000£110,0001

All the Sales in the THE OWELL, IP31 2LF

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

AddressSold DatePrice% Change
52 THE OWELLSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1950-196601 Sep 2023£257,0000.0
01 Sep 2023£257,000First Sale
75 THE OWELLSemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1950-196602 Aug 2021£213,00042.00%
29 Jun 2007£149,99517.18%
28 May 2004£128,00077.78%
01 Feb 2002£72,000First Sale
55 THE OWELLTerraced, FreeholdArea: 71 Sq.mtrAge: 1950-196627 Apr 2018£180,00038.46%
20 Aug 2013£130,0001.96%
24 Aug 2005£127,500First Sale
49 THE OWELLSemi-Detached, FreeholdArea: 83.14 Sq.mtr23 Dec 2009£165,000First Sale
THE BUNGALOW THE OWELLDetached, Freehold08 Dec 2004£224,000103.64%
23 Jun 2000£110,000First Sale
65 THE OWELLSemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1967-197511 Apr 2003£104,000First Sale
46 THE OWELLSemi-Detached, Freehold31 Aug 1999£62,000First Sale
53 THE OWELLSemi-Detached, Freehold30 Oct 1998£59,950First Sale

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

THE OWELL, IP31 2LF Near By properties

Interactive Map

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

  • Detached
    • The average price is around £267,471 median price is £239,000 Standard Deviation is £162,079 with Total Sold: 148
    • 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£365,566 £3,279 2
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£182,832 £1,223 6
2001£183,988 £1,186 4
2000£130,999 £1,089 5
1999£156,0002
1998£147,619 £1,086 8
1997£141,388 £802 20
1996£87,396 £607 12
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 2LF area

The most common house types in the IP31 2LF 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 2LF 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