Housing Market Analysis for GREEN LANE, IP31 2QS

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £353,000 median price is £353,000 Standard Deviation is £82,000 with Total Sold: 2
    • The most recent sale happened at this postcode is BRAKEY CLOSE COTTAGE GREEN LANE: £435,000 (Sold on 26 Jul 2013)
    • The first recorded sale happened at this postcode is BRAKEY CLOSE COTTAGE GREEN LANE: £271,000 (Sold on 14 Nov 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2QS 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
2013£435,000 £5,668 1
2002£271,000 £3,531 1

All the Sales in the GREEN LANE, IP31 2QS

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

AddressSold DatePrice% Change
BRAKEY CLOSE COTTAGE GREEN LANEDetached, FreeholdArea: 76.75 Sq.mtrAge: before 190026 Jul 2013£435,00060.52%
14 Nov 2002£271,000First Sale

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

GREEN LANE, IP31 2QS Near By properties

Interactive Map

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

  • Detached
    • The average price is around £371,481 median price is £260,500 Standard Deviation is £317,007 with Total Sold: 14
    • The Last 5 Year average price is £368,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , OAKVIEW BARN GREEN LANE: £625,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 10A GREEN LANE: £195,000 (Sold on 26 Jul 2002)
  • Terraced
    • The average price is around £245,000 median price is £245,000 Standard Deviation is £15,000 with Total Sold: 2
    • The Last 5 Year average price is £260,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 11 GREEN LANE: £260,000 (Sold on 02 Sep 2021)
    • The first recorded sale happened at this postcode is , 1 GREEN LANE: £230,000 (Sold on 12 Aug 2016)
  • Semi-Detached
    • The average price is around £132,625 median price is £54,750 Standard Deviation is £137,057 with Total Sold: 4
    • The Last 5 Year average price is £370,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 4 ASHWENT COTTAGES: £370,000 (Sold on 28 May 2021)
    • The first recorded sale happened at this postcode is , 4 GREEN LANE: £54,500 (Sold on 16 Aug 1996)
  • Other
    • The average price is around £85,000 median price is £85,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , MANOR BARN CHURCH ROAD: £85,000 (Sold on 04 Aug 2017)
    • The first recorded sale happened at this postcode is , MANOR BARN CHURCH ROAD: £85,000 (Sold on 04 Aug 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£625,0001
2023£250,000 £2,232 1
2022£400,000 £5,063 1
2019£200,000 £1,786 1
2015£322,500 £3,291 1
2013£371,250 £4,159 2
2009£1,423,7351
2007£250,000 £2,551 1
2003£116,000 £1,036 1
2002£217,750 £2,623 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£260,000 £3,291 1
2016£230,000 £3,382 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£370,000 £3,217 1
2001£51,0001
1997£55,000 £478 1
1996£54,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£85,0001

House Type in IP31 2QS area

The most common house types in the IP31 2QS postcode area are Detached (62), Semi-detached (54), and Flat (21).

Total151
Detached62
Semi-detached54
Flat21
Terraced13
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright57
Owned: Owns with a mortgage or loan34
Social rented: Other social rented30
Social rented: Rents from council or Local Authority15
Private rented: Private landlord or letting agency10
Private rented: Other private rented4
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP31 2QS have 1 person in household (59), and 2 people in household (43).

1 person in household59
2 people in household43
4 people in household21
3 people in household19
5 people in household6
7 people in household2
6 people in household1
8 or more people in household1
0 people in household0