Housing Market Analysis for GRUNDLE CLOSE, IP31 2XD

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £136,339 median price is £139,250 Standard Deviation is £66,169 with Total Sold: 22
- The Last 5 Year average price is £217,375 with Total Sold: 4
- The most recent sale happened at this postcode is 7 GRUNDLE CLOSE: £260,000 (Sold on 03 Jan 2024)
- The first recorded sale happened at this postcode is 25 GRUNDLE CLOSE: £44,000 (Sold on 20 Oct 1995)
Terraced
- The average price is around £113,758 median price is £111,000 Standard Deviation is £59,638 with Total Sold: 20
- The Last 5 Year average price is £195,000 with Total Sold: 5
- The most recent sale happened at this postcode is 8 GRUNDLE CLOSE: £210,000 (Sold on 04 Jul 2023)
- The first recorded sale happened at this postcode is 31 GRUNDLE CLOSE: £37,250 (Sold on 18 Jul 1995)
Detached
- The average price is around £124,666 median price is £129,248 Standard Deviation is £68,364 with Total Sold: 6
- The most recent sale happened at this postcode is 12 GRUNDLE CLOSE: £200,000 (Sold on 03 Oct 2014)
- The first recorded sale happened at this postcode is 17 GRUNDLE CLOSE: £33,500 (Sold on 13 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2XD 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£260,000	£2,955	1
2022	£235,000	£4,052	1
2021	£187,250	£2,897	2
2018	£180,000	£2,466	1
2016	£211,000	£2,612	2
2015	£155,000	£2,123	1
2014	£135,000	£1,262	1
2013	£149,000	£2,444	2
2009	£155,000	£1,888	1
2006	£133,750	£2,197	2
2004	£119,950	£1,874	1
2002	£86,250	£1,016	2
1999	£55,500	£519	1
1997	£42,250		2
1996	£41,000		1
1995	£44,000	£1,023	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£224,000	£4,195	2
2022	£207,000	£3,339	1
2020	£160,000	£2,759	2
2017	£163,000	£2,810	1
2011	£95,000	£2,512	2
2006	£125,000	£2,097	3
2005	£102,000	£2,696	1
2003	£120,000		1
2002	£78,500	£1,602	1
1999	£52,000	£1,061	1
1998	£48,950	£671	1
1997	£44,483	£793	3
1995	£37,250		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£200,000	£2,857	1
2006	£192,500		1
2004	£182,495		1
1998	£76,000		1
1997	£63,500	£907	1
1995	£33,500		1

All the Sales in the GRUNDLE CLOSE, IP31 2XD

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

Address	Sold Date	Price	% Change
7 GRUNDLE CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1983-1990	03 Jan 2024	£260,000	205.88%
	22 Feb 2002	£85,000	First Sale
8 GRUNDLE CLOSETerraced, FreeholdArea: 49 Sq.mtrAge: 1983-1990	04 Jul 2023	£210,000	68.00%
	14 Aug 2006	£125,000	59.24%
	30 May 2002	£78,500	50.96%
	29 Apr 1999	£52,000	25.30%
	23 Jan 1997	£41,500	First Sale
19 GRUNDLE CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1976-1982	20 Jan 2023	£238,000	58.67%
	25 Sep 2020	£150,000	-11.76%
	29 May 2020	£170,000	4.29%
	02 Feb 2017	£163,000	270.88%
	20 Jun 1997	£43,950	First Sale
33 GRUNDLE CLOSESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1983-1990	19 Dec 2022	£235,000	25.33%
	24 Sep 2021	£187,500	15.74%
	12 Feb 2016	£162,000	13.29%
	06 Feb 2013	£143,000	8.33%
	19 Jun 2006	£132,000	First Sale
21 GRUNDLE CLOSETerraced, FreeholdArea: 62 Sq.mtrAge: 1983-1990	18 Feb 2022	£207,000	331.25%
	29 Aug 1997	£48,000	First Sale
35 GRUNDLE CLOSESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1967-1975	18 Mar 2021	£187,000	3.89%
	23 Feb 2018	£180,000	16.13%
	18 Dec 2015	£155,000	29.17%
	26 May 2006	£120,000	145.15%
	21 Aug 1998	£48,950	First Sale
37 GRUNDLE CLOSESemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1983-1990	14 Nov 2016	£260,000	92.59%
	02 May 2014	£135,000	143.24%
	27 Apr 1999	£55,500	First Sale
12 GRUNDLE CLOSEDetached, FreeholdArea: 70 Sq.mtrAge: 1991-1995	03 Oct 2014	£200,000	214.96%
	02 Jan 1997	£63,500	First Sale
4 GRUNDLE CLOSESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1983-1990	30 Oct 2013	£155,000	14.39%
	10 May 2006	£135,500	12.96%
	16 Jan 2004	£119,950	First Sale
9 GRUNDLE CLOSETerraced, FreeholdArea: 37.8 Sq.mtrAge: 1983-1990	22 Sep 2011	£95,000	First Sale
15 GRUNDLE CLOSETerraced, FreeholdArea: 37.829 Sq.mtrAge: 1976-1982	04 Feb 2011	£95,000	-6.86%
	23 Sep 2005	£102,000	First Sale
6 GRUNDLE CLOSESemi-Detached, FreeholdArea: 82.1 Sq.mtrAge: 1950-1966	02 Dec 2009	£155,000	77.14%
	03 Apr 2002	£87,500	First Sale
5 GRUNDLE CLOSETerraced, Freehold	07 Nov 2006	£130,000	First Sale
1 GRUNDLE CLOSEDetached, Freehold	10 Jul 2006	£192,500	153.29%
1 GRUNDLE CLOSEDetached, Freehold	30 Mar 1998	£76,000	First Sale
3 GRUNDLE CLOSEDetached, Freehold	08 Dec 2004	£182,495	First Sale
11 GRUNDLE CLOSETerraced, Freehold	15 Dec 2003	£120,000	First Sale
2 GRUNDLE CLOSESemi-Detached, Freehold	02 Jun 1997	£42,500	First Sale
10 GRUNDLE CLOSESemi-Detached, Freehold	15 Jan 1997	£42,000	2.44%
10 GRUNDLE CLOSESemi-Detached, Freehold	11 Dec 1996	£41,000	First Sale
25 GRUNDLE CLOSESemi-Detached, FreeholdArea: 43 Sq.mtrAge: 1996-2002	20 Oct 1995	£44,000	First Sale
17 GRUNDLE CLOSEDetached, Freehold	13 Oct 1995	£33,500	First Sale
31 GRUNDLE CLOSETerraced, Freehold	18 Jul 1995	£37,250	First Sale

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

GRUNDLE CLOSE, IP31 2XD Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £151,187 median price is £145,000 Standard Deviation is £74,152 with Total Sold: 333
- The Last 5 Year average price is £242,432 with Total Sold: 59
- The most recent sale happened at this postcode is , 15 AVEY WALK: £262,500 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , MILL HOUSE OLD BURY ROAD: £60,000 (Sold on 03 Apr 1995)
Other
- The average price is around £326,000 median price is £298,000 Standard Deviation is £138,407 with Total Sold: 8
- The Last 5 Year average price is £323,400 with Total Sold: 5
- The most recent sale happened at this postcode is , PEACE HAVEN DUKE STREET: £305,000 (Sold on 15 Apr 2024)
- The first recorded sale happened at this postcode is , ROSE & CROWN BURY ROAD: £296,000 (Sold on 03 Sep 2014)
Detached
- The average price is around £210,645 median price is £193,750 Standard Deviation is £121,962 with Total Sold: 439
- The Last 5 Year average price is £338,971 with Total Sold: 70
- The most recent sale happened at this postcode is , 12 GILBERT ROAD: £370,000 (Sold on 08 Mar 2024)
- The first recorded sale happened at this postcode is , 7 FORDHAMS CLOSE: £69,000 (Sold on 11 Jan 1995)
Terraced
- The average price is around £128,750 median price is £125,000 Standard Deviation is £68,622 with Total Sold: 197
- The Last 5 Year average price is £208,574 with Total Sold: 34
- The most recent sale happened at this postcode is , 9 GILBERT ROAD: £245,000 (Sold on 28 Nov 2023)
- The first recorded sale happened at this postcode is , 2 STURGEON WAY: £35,785 (Sold on 30 Jun 1995)
Flat
- The average price is around £87,939 median price is £80,000 Standard Deviation is £31,926 with Total Sold: 45
- The Last 5 Year average price is £99,286 with Total Sold: 7
- The most recent sale happened at this postcode is , 3 FIELD COURT: £90,000 (Sold on 15 Jun 2023)
- The first recorded sale happened at this postcode is , 40 THE STREET: £33,500 (Sold on 02 Jul 1999)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£250,357	£2,967	7
2023	£264,000	£3,402	5
2022	£246,800	£3,286	15
2021	£237,946	£2,912	14
2020	£233,400	£2,727	10
2019	£232,969	£2,482	8
2018	£191,125	£2,863	4
2017	£216,600	£3,262	5
2016	£207,077	£2,652	26
2015	£217,616	£2,648	17
2014	£168,711	£2,323	21
2013	£162,977	£1,994	11
2012	£133,571	£2,333	7
2011	£94,500	£1,454	1
2010	£141,333	£2,108	9
2009	£148,450	£2,460	11
2008	£161,600	£2,087	5
2007	£173,099	£2,504	9
2006	£152,384	£2,508	13
2005	£152,272	£2,148	11
2004	£117,867	£2,091	12
2003	£122,170	£1,780	15
2002	£102,031	£1,287	16
2001	£70,128	£945	7
2000	£77,075	£917	20
1999	£55,700	£769	12
1998	£68,342	£859	13
1997	£44,228	£646	14
1996	£49,790	£742	11
1995	£45,812	£851	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£305,000		1
2023	£362,333	£3,576	3
2021	£225,000	£1,630	1
2017	£347,500	£2,150	2
2014	£296,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£358,500	£2,844	2
2023	£377,857	£3,371	7
2022	£344,868	£3,472	19
2021	£349,324	£3,240	17
2020	£318,300	£2,794	5
2019	£314,175	£3,141	20
2018	£289,068	£2,747	14
2017	£317,708	£2,742	12
2016	£289,321	£2,578	28
2015	£262,760	£2,449	21
2014	£261,419	£2,346	25
2013	£199,950	£2,312	10
2012	£216,495	£2,068	11
2011	£261,389	£2,097	9
2010	£202,500	£2,218	10
2009	£179,287	£1,955	13
2008	£256,143	£2,346	7
2007	£266,520	£2,411	12
2006	£196,000	£2,180	14
2005	£188,704	£2,051	12
2004	£209,192	£1,816	20
2003	£118,368	£1,574	17
2002	£190,800	£1,871	14
2001	£123,666	£1,190	15
2000	£168,333	£1,259	12
1999	£84,792	£864	12
1998	£83,412	£804	21
1997	£77,760	£690	24
1996	£65,817	£621	17
1995	£60,311	£699	19

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£217,071	£3,411	7
2022	£187,167	£3,428	6
2021	£234,500	£2,674	8
2020	£176,000	£2,908	6
2019	£216,714	£2,999	7
2018	£199,250	£2,874	4
2017	£186,000	£2,577	3
2016	£183,682	£2,406	10
2015	£206,598	£2,547	10
2014	£161,438	£2,465	9
2013	£118,750	£2,681	2
2012	£117,500	£1,993	5
2011	£108,136	£2,082	7
2010	£126,500	£2,124	2
2009	£125,000	£2,154	1
2008	£132,000	£2,050	1
2007	£148,649	£1,944	8
2006	£141,116	£2,336	15
2005	£141,929	£1,847	7
2004	£119,667	£2,012	3
2003	£115,494	£1,717	8
2002	£87,268	£1,245	11
2001	£62,688	£987	8
2000	£55,883	£1,022	9
1999	£59,731	£842	8
1998	£53,350	£915	7
1997	£40,707	£725	14
1996	£52,000	£666	6
1995	£37,927	£777	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£122,000	£2,668	2
2022	£93,375	£2,916	4
2019	£77,500	£2,422	1
2018	£170,000	£2,464	1
2017	£89,500	£2,481	3
2016	£114,062	£2,301	8
2015	£91,426	£2,094	7
2014	£68,378	£2,009	14
2013	£72,500	£1,925	2
2004	£85,000		1
2001	£50,500		1
1999	£33,500		1

House Type in IP31 2XD area

The most common house types in the IP31 2XD postcode area are Detached (65), Semi-detached (33), and Terraced (17).

Total	115
Detached	65
Semi-detached	33
Terraced	17
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (60), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright	60
Owned: Owns with a mortgage or loan	40
Private rented: Private landlord or letting agency	10
Private rented: Other private rented	5
Shared ownership: Shared ownership	2
Social rented: Other social rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the IP31 2XD have 1 person in household (48), and 2 people in household (41).

1 person in household	48
2 people in household	41
3 people in household	13
4 people in household	11
5 people in household	4
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0