Housing Market Analysis for FEN ROAD, IP31 2LT

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £287,900 median price is £251,000 Standard Deviation is £163,995 with Total Sold: 10
    • The Last 5 Year average price is £550,000 with Total Sold: 1
    • The most recent sale happened at this postcode is PELAMBECH FEN ROAD: £550,000 (Sold on 24 Aug 2023)
    • The first recorded sale happened at this postcode is PREBENDS FEN ROAD: £99,000 (Sold on 18 Apr 1996)
  • Semi-Detached
    • The average price is around £264,889 median price is £237,000 Standard Deviation is £99,835 with Total Sold: 9
    • The Last 5 Year average price is £385,167 with Total Sold: 3
    • The most recent sale happened at this postcode is FRESCA, 6 COUNCIL HOUSES: £370,000 (Sold on 14 Mar 2022)
    • The first recorded sale happened at this postcode is FRESCA, 6 COUNCIL HOUSES: £380,000 (Sold on 12 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2LT 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
2023£550,000 £4,231 1
2017£550,000 £3,198 1
2014£445,000 £2,475 1
2011£282,000 £3,037 1
2009£220,000 £1,224 1
2006£303,000 £1,762 1
2002£185,0001
1999£145,0001
1997£100,0001
1996£99,000 £1,066 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£370,0001
2020£405,5001
2019£273,500 £3,160 2
2017£235,000 £3,133 1
2014£165,0001
2005£164,5001
2002£117,0001
2023£380,0001

All the Sales in the FEN ROAD, IP31 2LT

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

AddressSold DatePrice% Change
PELAMBECH FEN ROADDetached, FreeholdArea: 130 Sq.mtrAge: 1976-198224 Aug 2023£550,000First Sale
FRESCA, 6 COUNCIL HOUSESSemi-Detached, Freehold14 Mar 2022£370,00019.35%
17 Oct 2019£310,00087.88%
25 Mar 2014£165,000-56.58%
12 Dec 2023£380,000First Sale
DUNCTON, 3 COUNCIL HOUSESSemi-Detached, Freehold03 Jul 2020£405,500First Sale
1 COUNCIL HOUSESSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1900-192918 Jan 2019£237,000First Sale
3 COUNCIL HOUSESSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1930-194924 Nov 2017£235,000First Sale
HILL HOUSE FEN ROADDetached, FreeholdArea: 172 Sq.mtrAge: before 190014 Jul 2017£550,00081.52%
01 Feb 2006£303,000First Sale
PENSILVA FEN ROADDetached, FreeholdArea: 179.78 Sq.mtrAge: 1950-196628 Mar 2014£445,000102.27%
11 Dec 2009£220,000First Sale
PREBENDS FEN ROADDetached, FreeholdArea: 92.86 Sq.mtrAge: 1967-197525 Aug 2011£282,000184.85%
18 Apr 1996£99,000First Sale
5 COUNCIL HOUSESSemi-Detached, Freehold03 Mar 2005£164,50040.60%
21 Jun 2002£117,000First Sale
WENTWORTH FEN ROADDetached, Freehold15 Mar 2002£185,000First Sale
GREYCOT FEN ROADDetached, Freehold07 Oct 1999£145,00045.00%
18 Apr 1997£100,000First Sale

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

FEN ROAD, IP31 2LT Near By properties

Interactive Map

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

  • Detached
    • The average price is around £330,315 median price is £325,250 Standard Deviation is £177,597 with Total Sold: 54
    • The Last 5 Year average price is £485,357 with Total Sold: 7
    • The most recent sale happened at this postcode is , WILLOWBANK FEN ROAD: £440,000 (Sold on 28 May 2024)
    • The first recorded sale happened at this postcode is , SUMMER COTTAGE GRIMSTONE END: £84,000 (Sold on 03 Nov 1995)
  • Semi-Detached
    • The average price is around £230,703 median price is £235,000 Standard Deviation is £98,170 with Total Sold: 15
    • The Last 5 Year average price is £385,167 with Total Sold: 3
    • The most recent sale happened at this postcode is , FRESCA, 6 COUNCIL HOUSES: £380,000 (Sold on 12 Dec 2023)
    • The first recorded sale happened at this postcode is , VINE COTTAGE FEN ROAD: £96,000 (Sold on 16 Apr 1998)
  • Terraced
    • The average price is around £152,800 median price is £152,000 Standard Deviation is £46,258 with Total Sold: 5
    • The Last 5 Year average price is £190,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , LAMBERTS COTTAGE FEN ROAD: £190,000 (Sold on 30 Sep 2020)
    • The first recorded sale happened at this postcode is , SEDGE COTTAGE FEN ROAD: £72,000 (Sold on 13 Jun 2003)
  • Other
    • The average price is around £30,000 median price is £30,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , STRATHCONA GRIMSTONE END: £30,000 (Sold on 01 Nov 2018)
    • The first recorded sale happened at this postcode is , STRATHCONA GRIMSTONE END: £30,000 (Sold on 01 Nov 2018)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£440,0001
2023£550,000 £4,231 1
2022£425,000 £3,080 1
2021£565,000 £3,050 2
2020£426,250 £2,645 2
2019£571,250 £3,378 2
2018£392,0001
2017£670,500 £2,944 2
2016£750,000 £3,807 1
2015£340,000 £2,108 2
2014£438,333 £2,717 3
2013£281,167 £2,838 3
2012£450,0001
2011£341,000 £3,204 2
2010£305,001 £2,786 1
2009£320,000 £1,224 3
2008£312,000 £2,013 1
2006£336,500 £1,762 2
2005£405,000 £3,414 1
2004£392,000 £1,912 1
2003£240,000 £1,703 3
2002£291,750 £1,853 4
2001£212,750 £941 2
2000£157,000 £994 1
1999£165,667 £1,168 3
1997£100,0001
1996£118,000 £840 4
1995£86,000 £767 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£380,0001
2022£370,0001
2020£405,5001
2019£273,500 £3,160 2
2017£235,000 £3,133 1
2015£265,000 £2,431 1
2014£165,0001
2007£247,0001
2005£183,167 £1,679 3
2002£117,0001
1999£83,5501
1998£96,000 £1,021 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£190,000 £4,043 1
2015£205,000 £3,596 1
2005£145,0001
2004£152,000 £2,667 1
2003£72,000 £1,263 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£30,000 £102 1

House Type in IP31 2LT area

The most common house types in the IP31 2LT postcode area are Detached (89), Semi-detached (34), and Terraced (6).

Total130
Detached89
Semi-detached34
Terraced6
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright63
Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency18
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP31 2LT have 2 people in household (55), and 1 person in household (31).

2 people in household55
1 person in household31
3 people in household21
4 people in household20
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0