Housing Market Analysis for BULL LANE, IP31 3LL

Are you looking to understand IP31 3LL 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 3LL area, explore the IP31 3LL Area information page.
For comprehensive crime statistics in the IP31 3LL area, explore the IP31 3LL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP31 3LL postcode area, The average prices are as follows,

  • Detached
    • The average price is around £470,000 median price is £470,000 Standard Deviation is £105,000 with Total Sold: 2
    • The most recent sale happened at this postcode is BULL COTTAGE BULL LANE: £575,000 (Sold on 22 Feb 2019)
    • The first recorded sale happened at this postcode is BULL COTTAGE BULL LANE: £365,000 (Sold on 20 Sep 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average IP31 3LL 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
2019£575,0001
2005£365,0001

All the Sales in the BULL LANE, IP31 3LL

See the table below for more details on the sold house prices in the IP31 3LL, West Suffolk postcode.

AddressSold DatePrice% Change
BULL COTTAGE BULL LANEDetached, Freehold22 Feb 2019£575,00057.53%
20 Sep 2005£365,000First Sale

Check out the sold house prices near the IP31 3LL postcode. Properties currently for saleProperties currently for rent

BULL LANE, IP31 3LL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP31 3LL 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 3LL postcode.

  • Other
    • The average price is around £310,000 median price is £310,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £310,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , SPINNEY GARAGE IXWORTH ROAD: £310,000 (Sold on 14 Apr 2023)
    • The first recorded sale happened at this postcode is , SPINNEY GARAGE IXWORTH ROAD: £310,000 (Sold on 14 Apr 2023)
  • Detached
    • The average price is around £411,591 median price is £365,000 Standard Deviation is £201,563 with Total Sold: 11
    • The Last 5 Year average price is £900,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , BEACON LODGE IXWORTH ROAD: £900,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is , DUNELM IXWORTH ROAD: £232,500 (Sold on 03 Sep 2004)
  • Semi-Detached
    • The average price is around £145,222 median price is £148,000 Standard Deviation is £67,129 with Total Sold: 9
    • The most recent sale happened at this postcode is , 5 IXWORTH ROAD: £258,000 (Sold on 28 Oct 2016)
    • The first recorded sale happened at this postcode is , 3 IXWORTH ROAD: £52,000 (Sold on 01 May 1998)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£310,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£900,000 £4,000 1
2019£575,0001
2018£350,000 £2,632 1
2016£426,667 £3,016 3
2014£190,000 £844 1
2007£385,000 £3,438 1
2006£250,000 £2,155 1
2005£365,0001
2004£232,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£258,000 £3,266 1
2015£169,000 £2,380 1
2014£220,000 £2,683 1
2006£197,500 £2,079 1
2005£148,000 £1,805 1
2003£76,000 £962 1
2001£93,2482
1998£52,000 £598 1

House Type in IP31 3LL area

The most common house types in the IP31 3LL postcode area are Detached (89), Semi-detached (34), and Terraced (6).

Total130
Detached89
Semi-detached34
Terraced6
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright63
Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency18
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP31 3LL have 2 people in household (55), and 1 person in household (31).

2 people in household55
1 person in household31
3 people in household21
4 people in household20
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0