Housing Market Analysis for SCHOOL LANE, IP31 2RQ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £642,405 median price is £572,500 Standard Deviation is £334,667 with Total Sold: 21
    • The Last 5 Year average price is £1,081,500 with Total Sold: 4
    • The most recent sale happened at this postcode is RAWLINS SCHOOL LANE: £1,600,000 (Sold on 28 Jun 2021)
    • The first recorded sale happened at this postcode is PIPERS PIECE SCHOOL LANE: £1,351,000 (Sold on 07 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2RQ 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
2021£991,667 £3,038 3
2019£985,000 £3,107 1
2017£615,000 £3,844 1
2015£572,500 £2,567 1
2014£645,000 £4,126 1
2013£520,000 £2,167 1
2012£575,000 £3,678 1
2011£550,000 £4,834 1
2010£547,500 £1,761 2
2009£1,030,000 £2,191 1
2008£425,000 £1,771 1
2006£425,000 £1,341 1
2004£425,000 £2,486 3
2001£295,000 £963 1
1999£157,0001
2024£1,351,000 £4,262 1

All the Sales in the SCHOOL LANE, IP31 2RQ

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

AddressSold DatePrice% Change
RAWLINS SCHOOL LANEDetached, FreeholdArea: 470 Sq.mtrAge: 1996-200228 Jun 2021£1,600,00055.34%
29 Oct 2009£1,030,000First Sale
TREE VIEW HOUSE SCHOOL LANEDetached, Freehold28 Apr 2021£750,000First Sale
SUTTON HOUSE SCHOOL LANEDetached, FreeholdArea: 234 Sq.mtrAge: 2003-200608 Jan 2021£625,00047.06%
31 Aug 2004£425,000First Sale
PIPERS PIECE SCHOOL LANEDetached, FreeholdArea: 317 Sq.mtrAge: before 190023 Jul 2019£985,000105.21%
16 Apr 2010£480,00012.94%
02 Nov 2006£425,000-68.54%
07 Feb 2024£1,351,000First Sale
MAY COTTAGE SCHOOL LANEDetached, FreeholdArea: 160 Sq.mtrAge: before 190017 Jul 2017£615,000First Sale
FAIRVIEW SCHOOL LANEDetached, FreeholdArea: 223 Sq.mtrAge: 2003-200609 Oct 2015£572,50034.71%
01 Nov 2004£425,000First Sale
THE SPINNEY SCHOOL LANEDetached, FreeholdArea: 156.32 Sq.mtrAge: 2003-200604 Jul 2014£645,00012.17%
20 Jan 2012£575,000First Sale
CROWN HOUSE SCHOOL LANEDetached, FreeholdArea: 240 Sq.mtrAge: before 190003 May 2013£520,00022.35%
28 Feb 2008£425,000First Sale
TREE VIEW SCHOOL LANEDetached, FreeholdArea: 113.77 Sq.mtrAge: 2003-200615 Apr 2011£550,00029.41%
07 Sep 2004£425,000First Sale
THE CEDARS SCHOOL LANEDetached, FreeholdArea: 306.3 Sq.mtrAge: 1967-197521 Jul 2010£615,000108.47%
02 May 2001£295,000First Sale
NYALI SCHOOL LANEDetached, Freehold24 Sep 1999£157,000First Sale

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

SCHOOL LANE, IP31 2RQ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £336,466 median price is £309,000 Standard Deviation is £204,642 with Total Sold: 488
    • The Last 5 Year average price is £568,952 with Total Sold: 62
    • The most recent sale happened at this postcode is , HOLLY HOUSE COX LANE: £387,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 12 THE COPPICE: £156,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £197,885 median price is £186,750 Standard Deviation is £95,694 with Total Sold: 30
    • The Last 5 Year average price is £307,300 with Total Sold: 5
    • The most recent sale happened at this postcode is , WILLOW COTTAGE, 4 CONYERS GREEN: £500,000 (Sold on 25 Apr 2024)
    • The first recorded sale happened at this postcode is , 28 ELMS CLOSE: £58,000 (Sold on 03 Feb 1995)
  • Semi-Detached
    • The average price is around £214,548 median price is £202,000 Standard Deviation is £117,812 with Total Sold: 48
    • The Last 5 Year average price is £342,786 with Total Sold: 7
    • The most recent sale happened at this postcode is , THE COTTAGE LIVERMERE ROAD: £320,000 (Sold on 05 Jun 2023)
    • The first recorded sale happened at this postcode is , PRIMROSE COTTAGE MILL ROAD: £85,000 (Sold on 01 Feb 1995)
  • Other
    • The average price is around £226,556 median price is £150,000 Standard Deviation is £258,391 with Total Sold: 9
    • The Last 5 Year average price is £98,167 with Total Sold: 6
    • The most recent sale happened at this postcode is PLOT 2A, FORGE DEVELOPMENT THE STREET: £50,000 (Sold on 24 Mar 2023)
    • The first recorded sale happened at this postcode is , ELMS FARMHOUSE THE STREET: £890,000 (Sold on 15 Dec 2016)
  • Flat
    • The average price is around £25,231 median price is £23,000 Standard Deviation is £3,966 with Total Sold: 16
    • The most recent sale happened at this postcode is FLAT 9, OAKAMPTON HOUSE EAST BARTON ROAD: £20,700 (Sold on 19 Nov 2009)
    • The first recorded sale happened at this postcode is FLAT 4, OAKAMPTON HOUSE EAST BARTON ROAD: £30,000 (Sold on 08 Sep 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£637,143 £3,889 7
2023£479,318 £3,686 11
2022£562,393 £4,468 14
2021£667,833 £3,485 15
2020£510,100 £3,232 15
2019£487,780 £3,134 12
2018£499,222 £3,324 9
2017£475,430 £3,577 22
2016£421,361 £3,343 18
2015£426,938 £2,983 16
2014£443,818 £2,869 11
2013£408,668 £2,521 17
2012£400,958 £2,464 12
2011£338,041 £2,654 11
2010£334,194 £2,378 18
2009£392,598 £2,271 20
2008£385,389 £1,776 9
2007£353,711 £2,381 19
2006£367,481 £2,242 27
2005£323,042 £1,644 12
2004£328,122 £1,886 20
2003£261,923 £1,772 13
2002£253,920 £1,672 14
2001£207,475 £1,306 22
2000£194,386 £1,272 18
1999£160,619 £1,268 21
1998£156,633 £894 15
1997£124,982 £827 34
1996£107,120 £794 15
1995£110,500 £818 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£500,0001
2022£243,250 £4,870 2
2021£275,000 £3,395 1
2020£275,000 £4,167 1
2018£230,400 £2,560 1
2017£160,000 £4,571 1
2016£233,667 £2,803 3
2015£275,400 £2,829 3
2014£186,000 £2,662 3
2012£162,500 £1,506 2
2009£200,000 £1,712 2
2007£225,000 £2,101 1
2005£147,000 £1,633 1
2004£108,000 £2,919 1
2003£158,983 £1,472 3
2000£87,500 £1,326 1
1997£39,000 £591 1
1996£58,000 £542 1
1995£58,000 £494 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£320,000 £4,638 1
2022£298,500 £14,271 2
2021£506,250 £2,632 2
2020£235,000 £3,616 2
2019£356,667 £2,929 3
2016£193,000 £2,924 1
2015£240,000 £2,458 4
2014£278,500 £2,422 1
2013£250,000 £2,174 1
2011£160,000 £2,930 1
2010£370,000 £2,283 2
2009£227,242 £2,112 3
2007£209,000 £1,990 1
2006£175,250 £2,273 4
2005£277,0001
2003£270,833 £1,547 3
2002£130,568 £977 4
2000£135,000 £804 1
1999£72,500 £969 2
1998£87,000 £1,223 2
1997£84,7833
1996£85,750 £1,028 2
1995£81,975 £669 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£100,0002
2022£67,5002
2021£127,000 £877 2
2018£280,000 £3,564 2
2016£890,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£20,700 £398 1
2007£29,0001
2006£23,000 £426 1
2003£23,000 £460 2
2002£26,000 £435 4
2000£23,0001
1998£23,000 £442 1
1997£27,333 £451 3
1996£23,000 £411 1
1995£30,0001

House Type in IP31 2RQ area

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