Housing Market Analysis for LOFFT CLOSE, IP31 2XE

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

Overview of Sold House prices

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

Terraced
- The average price is around £114,312 median price is £111,250 Standard Deviation is £60,813 with Total Sold: 8
- The Last 5 Year average price is £227,500 with Total Sold: 1
- The most recent sale happened at this postcode is 11 LOFFT CLOSE: £227,500 (Sold on 01 Apr 2022)
- The first recorded sale happened at this postcode is 15 LOFFT CLOSE: £39,000 (Sold on 16 Dec 1996)
Detached
- The average price is around £124,486 median price is £86,498 Standard Deviation is £79,698 with Total Sold: 4
- The Last 5 Year average price is £260,000 with Total Sold: 1
- The most recent sale happened at this postcode is 4 LOFFT CLOSE: £260,000 (Sold on 20 Jul 2021)
- The first recorded sale happened at this postcode is 14 LOFFT CLOSE: £64,950 (Sold on 09 Sep 1997)
Semi-Detached
- The average price is around £102,666 median price is £102,500 Standard Deviation is £46,684 with Total Sold: 25
- The Last 5 Year average price is £190,000 with Total Sold: 1
- The most recent sale happened at this postcode is 6 LOFFT CLOSE: £190,000 (Sold on 07 Jul 2020)
- The first recorded sale happened at this postcode is 1 LOFFT CLOSE: £60,000 (Sold on 29 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 2XE 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£227,500	£3,555	1
2016	£173,000	£2,703	1
2007	£135,995		1
2004	£129,000	£2,263	1
2002	£93,500	£1,640	1
2001	£69,500	£1,086	1
1999	£47,000		1
1996	£39,000	£684	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£260,000	£3,291	1
2001	£103,995		1
1997	£66,975		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£190,000	£2,468	1
2018	£182,000	£3,500	1
2017	£185,000	£3,304	1
2015	£145,000	£2,788	1
2014	£121,498	£2,709	2
2012	£121,250	£2,571	2
2010	£101,000	£2,590	1
2007	£140,975	£3,531	2
2006	£114,250	£2,782	2
2005	£108,500	£2,796	1
2004	£99,975	£2,181	2
2003	£85,000	£2,179	1
2000	£74,000	£961	1
1999	£40,750	£1,048	2
1997	£37,500	£897	2
1996	£47,917	£699	3

All the Sales in the LOFFT CLOSE, IP31 2XE

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

Address	Sold Date	Price	% Change
11 LOFFT CLOSETerraced, FreeholdArea: 64 Sq.mtrAge: 1991-1995	01 Apr 2022	£227,500	31.50%
	23 Nov 2016	£173,000	148.92%
	24 Sep 2001	£69,500	First Sale
4 LOFFT CLOSEDetached, FreeholdArea: 79 Sq.mtrAge: 1976-1982	20 Jul 2021	£260,000	First Sale
6 LOFFT CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1991-1995	07 Jul 2020	£190,000	156.76%
	29 Sep 2000	£74,000	76.19%
	22 Nov 1996	£42,000	First Sale
3 LOFFT CLOSESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1983-1990	19 Dec 2018	£182,000	25.52%
	09 Jan 2015	£145,000	247.31%
	07 Oct 1996	£41,750	First Sale
10 LOFFT CLOSESemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1983-1990	02 Mar 2017	£185,000	32.14%
	28 Jun 2012	£140,000	40.00%
	02 Nov 2004	£100,000	First Sale
5 LOFFT CLOSESemi-Detached, FreeholdArea: 39 Sq.mtrAge: 1983-1990	31 Oct 2014	£123,000	21.78%
	19 Feb 2010	£101,000	-6.91%
	31 Mar 2006	£108,500	27.65%
	30 Apr 2003	£85,000	123.68%
	08 Jan 1999	£38,000	8.57%
	19 Jun 1997	£35,000	First Sale
12 LOFFT CLOSESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1983-1990	27 Jun 2014	£119,995	First Sale
9 LOFFT CLOSESemi-Detached, FreeholdArea: 38.8 Sq.mtrAge: 1983-1990	17 May 2012	£102,500	-25.18%
	27 Jun 2007	£137,000	26.27%
	11 Jul 2005	£108,500	8.55%
	12 Mar 2004	£99,950	129.77%
	29 Oct 1999	£43,500	First Sale
7 LOFFT CLOSETerraced, Freehold	21 Sep 2007	£135,995	189.35%
7 LOFFT CLOSETerraced, Freehold	26 Nov 1999	£47,000	First Sale
8 LOFFT CLOSESemi-Detached, Freehold	06 Jul 2007	£144,950	20.79%
	30 May 2006	£120,000	200.00%
	25 Apr 1997	£40,000	First Sale
15 LOFFT CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1983-1990	24 Nov 2004	£129,000	37.97%
	16 Dec 2002	£93,500	139.74%
	16 Dec 1996	£39,000	First Sale
14 LOFFT CLOSEDetached, Freehold	26 Oct 2001	£103,995	60.12%
14 LOFFT CLOSEDetached, Freehold	09 Sep 1997	£64,950	First Sale
2 LOFFT CLOSEDetached, Freehold	18 Sep 1997	£69,000	First Sale
1 LOFFT CLOSESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1983-1990	29 Mar 1996	£60,000	First Sale

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

LOFFT CLOSE, IP31 2XE Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £148,949 median price is £144,975 Standard Deviation is £75,016 with Total Sold: 340
- 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	£123,938	£2,134	8
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	£161,789	£2,289	10
2006	£152,384	£2,508	13
2005	£152,272	£2,148	11
2004	£117,867	£2,091	12
2003	£117,972	£1,783	16
2002	£102,031	£1,287	16
2001	£66,237	£994	8
2000	£77,075	£917	20
1999	£52,386	£772	14
1998	£68,342	£859	13
1997	£42,746	£611	15
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 2XE area

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