Housing Market Analysis for LODGE CLOSE, IP31 2SL

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £306,417 median price is £338,750 Standard Deviation is £120,801 with Total Sold: 6
    • The Last 5 Year average price is £420,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 LODGE CLOSE: £420,000 (Sold on 21 Feb 2020)
    • The first recorded sale happened at this postcode is 3 LODGE CLOSE: £143,500 (Sold on 22 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2SL 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
2020£420,000 £2,561 1
2012£390,000 £2,012 2
2005£347,500 £1,909 1
1999£147,5001
1996£143,500 £875 1

All the Sales in the LODGE CLOSE, IP31 2SL

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

AddressSold DatePrice% Change
3 LODGE CLOSEDetached, FreeholdArea: 164 Sq.mtrAge: 1950-196621 Feb 2020£420,00027.27%
23 Feb 2012£330,000129.97%
22 Oct 1996£143,500First Sale
HOLLY LODGE, 4 LODGE CLOSEDetached, Freehold15 Aug 2012£450,000First Sale
2 LODGE CLOSEDetached, FreeholdArea: 182 Sq.mtrAge: 1967-197525 Feb 2005£347,500First Sale
1 LODGE CLOSEDetached, Freehold29 Apr 1999£147,500First Sale

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

LODGE CLOSE, IP31 2SL Near By properties

Interactive Map

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

  • Detached
    • The average price is around £341,128 median price is £310,000 Standard Deviation is £208,533 with Total Sold: 443
    • The Last 5 Year average price is £591,873 with Total Sold: 55
    • 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)
  • Other
    • The average price is around £222,250 median price is £125,000 Standard Deviation is £281,063 with Total Sold: 8
    • The Last 5 Year average price is £81,000 with Total Sold: 4
    • 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)
  • Terraced
    • The average price is around £168,255 median price is £160,000 Standard Deviation is £59,939 with Total Sold: 19
    • The Last 5 Year average price is £176,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , 1 FORGE BUNGALOWS: £176,500 (Sold on 27 Sep 2022)
    • 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 £219,984 median price is £202,000 Standard Deviation is £123,465 with Total Sold: 40
    • The Last 5 Year average price is £402,375 with Total Sold: 4
    • The most recent sale happened at this postcode is , 14 COX LANE: £225,000 (Sold on 15 Jul 2022)
    • The first recorded sale happened at this postcode is , 11 CONYERS WAY: £78,950 (Sold on 06 Oct 1995)
  • 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£661,667 £3,889 6
2023£588,929 £3,906 7
2022£556,667 £4,126 12
2021£666,000 £3,548 17
2020£496,808 £3,168 13
2019£514,615 £3,006 13
2018£530,000 £3,361 7
2017£479,528 £3,286 16
2016£429,367 £3,447 15
2015£433,367 £2,969 15
2014£450,154 £2,818 13
2013£441,523 £2,615 15
2012£414,682 £2,485 11
2011£380,744 £2,849 8
2010£334,447 £2,348 16
2009£400,389 £2,173 18
2008£413,500 £1,776 9
2007£351,281 £2,281 16
2006£372,692 £2,150 26
2005£308,350 £1,785 10
2004£325,581 £1,913 18
2003£266,727 £1,772 13
2002£255,813 £1,584 14
2001£207,498 £1,288 20
2000£193,397 £1,272 15
1999£161,868 £1,242 19
1998£141,885 £883 13
1997£125,212 £774 30
1996£108,262 £780 17
1995£110,500 £818 21
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£50,0001
2022£20,0001
2021£127,000 £877 2
2018£188,000 £1,794 3
2016£890,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£176,500 £5,043 1
2018£230,400 £2,560 1
2017£160,000 £4,571 1
2016£233,667 £2,803 3
2015£200,000 £2,222 1
2014£176,500 £2,440 2
2012£162,500 £1,506 2
2009£175,000 £1,492 1
2007£225,000 £2,101 1
2005£147,000 £1,633 1
2004£108,000 £2,919 1
2003£139,975 £1,361 2
1996£58,000 £542 1
1995£58,000 £494 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£298,500 £14,271 2
2021£506,250 £2,632 2
2019£356,667 £2,929 3
2016£193,000 £2,924 1
2015£243,333 £2,269 3
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£171,667 £2,273 3
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£46,4001
1996£85,750 £1,028 2
1995£78,950 £669 1
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 2SL area

The most common house types in the IP31 2SL postcode area are Detached (114), Semi-detached (8), and Terraced (0).

Total122
Detached114
Semi-detached8
Terraced0
Flat0
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 (68), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright68
Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency4
Social rented: Rents from council or Local Authority2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP31 2SL have 2 people in household (57), and 3 people in household (22).

2 people in household57
3 people in household22
1 person in household17
4 people in household17
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0