Housing Market Analysis for OFFORD CLOSE, IP5 2DD

Are you looking to understand IP5 2DD 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 East Suffolk postcode.

For the location information and nearby amenities in the IP5 2DD area, explore the IP5 2DD Area information page.
For comprehensive crime statistics in the IP5 2DD area, explore the IP5 2DD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP5 2DD postcode area, The average prices are as follows,

Flat
- The average price is around £129,954 median price is £125,000 Standard Deviation is £17,755 with Total Sold: 67
- The Last 5 Year average price is £161,812 with Total Sold: 8
- The most recent sale happened at this postcode is 25 OFFORD CLOSE: £161,000 (Sold on 29 Nov 2021)
- The first recorded sale happened at this postcode is 36 OFFORD CLOSE: £158,000 (Sold on 09 Jun 2021)
Terraced
- The average price is around £235,754 median price is £249,748 Standard Deviation is £55,103 with Total Sold: 20
- The Last 5 Year average price is £294,683 with Total Sold: 6
- The most recent sale happened at this postcode is 20 OFFORD CLOSE: £313,000 (Sold on 14 Jul 2023)
- The first recorded sale happened at this postcode is 42 OFFORD CLOSE: £320,000 (Sold on 02 Feb 2024)
Semi-Detached
- The average price is around £228,483 median price is £264,000 Standard Deviation is £60,399 with Total Sold: 3
- The Last 5 Year average price is £278,000 with Total Sold: 1
- The most recent sale happened at this postcode is 47 OFFORD CLOSE: £278,000 (Sold on 10 Dec 2020)
- The first recorded sale happened at this postcode is 49 OFFORD CLOSE: £143,450 (Sold on 03 Jun 2005)
Detached
- The average price is around £316,500 median price is £321,750 Standard Deviation is £38,706 with Total Sold: 6
- The most recent sale happened at this postcode is 1 OFFORD CLOSE: £370,000 (Sold on 03 Jul 2014)
- The first recorded sale happened at this postcode is 1 OFFORD CLOSE: £328,500 (Sold on 24 Aug 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average IP5 2DD 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£156,333	£2,792	3
2023	£178,000	£3,236	1
2022	£166,333	£3,024	3
2020	£148,500	£2,639	1
2018	£152,167	£2,740	3
2017	£148,332	£2,689	3
2016	£137,000	£2,458	3
2015	£128,500	£2,199	5
2014	£119,625	£2,139	4
2013	£109,188	£1,901	4
2012	£104,667	£1,881	3
2010	£106,667	£1,973	3
2009	£105,000	£1,909	1
2008	£96,000	£1,745	1
2007	£124,950	£2,272	1
2006	£126,432	£2,229	18
2005	£130,645	£2,192	10

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£313,000	£2,770	2
2021	£275,000	£2,477	1
2019	£273,550	£2,392	2
2017	£265,000	£2,409	1
2016	£264,833	£2,386	3
2014	£239,995	£2,162	1
2010	£184,000	£1,590	1
2009	£188,000	£1,694	1
2007	£215,000		1
2005	£176,748	£1,545	6
2024	£320,000	£2,909	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£278,000	£2,574	1
2016	£264,000	£2,444	1
2005	£143,450	£1,138	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£360,000	£1,971	2
2008	£275,000		1
2006	£301,333	£1,761	3

All the Sales in the OFFORD CLOSE, IP5 2DD

See the table below for more details on the sold house prices in the IP5 2DD, East Suffolk postcode.

Address	Sold Date	Price	% Change
25 OFFORD CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	29 Nov 2021	£161,000	4.55%
	22 Mar 2018	£154,000	25.71%
	28 Jun 2006	£122,500	First Sale
20 OFFORD CLOSETerraced, FreeholdArea: 113 Sq.mtrAge: 2003-2006	14 Jul 2023	£313,000	13.78%
	08 Nov 2019	£275,100	41.81%
	01 Sep 2005	£193,995	-38.02%
	14 Jul 2023	£313,000	First Sale
9 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	05 May 2023	£178,000	4.71%
9 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	19 Jan 2022	£170,000	First Sale
7 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	20 Dec 2022	£173,000	45.39%
7 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	31 May 2006	£118,987	First Sale
12 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	10 Jun 2022	£156,000	45.79%
	26 Oct 2012	£107,000	-14.37%
	16 Jun 2006	£124,950	First Sale
44 OFFORD CLOSETerraced, FreeholdArea: 111 Sq.mtrAge: 2003-2006	25 Mar 2021	£275,000	14.59%
	12 Dec 2014	£239,995	143.65%
	03 Jun 2005	£98,500	First Sale
5 OFFORD CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	16 Feb 2021	£150,000	25.00%
	18 Nov 2015	£120,000	-4.19%
	30 Jun 2006	£125,250	First Sale
27 OFFORD CLOSEFlat, LeaseholdArea: 56.27 Sq.mtrAge: 2003-2006	22 Dec 2020	£148,500	14.23%
	31 Mar 2016	£130,000	-7.14%
	03 Mar 2006	£139,995	First Sale
47 OFFORD CLOSESemi-Detached, FreeholdArea: 108 Sq.mtrAge: 2003-2006	10 Dec 2020	£278,000	5.30%
	12 Apr 2016	£264,000	First Sale
26 OFFORD CLOSETerraced, FreeholdArea: 115.74 Sq.mtrAge: 2003-2006	24 May 2019	£272,000	47.83%
	21 Dec 2010	£184,000	-5.64%
	29 Jul 2005	£194,995	First Sale
8 OFFORD CLOSEFlat, LeaseholdArea: 54.56 Sq.mtrAge: 2003-2006	24 Oct 2018	£145,500	3.93%
	03 Mar 2006	£139,995	First Sale
32 OFFORD CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	04 May 2018	£157,000	9.79%
	04 Nov 2016	£143,000	21.19%
	14 Nov 2014	£118,000	-9.23%
	02 Sep 2005	£129,995	First Sale
31 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	15 Dec 2017	£148,000	18.40%
	22 May 2015	£125,000	15.47%
	18 Oct 2013	£108,250	-13.37%
	05 Dec 2007	£124,950	-4.98%
	02 Dec 2005	£131,495	First Sale
42 OFFORD CLOSETerraced, FreeholdArea: 110 Sq.mtrAge: 2003-2006	20 Nov 2017	£265,000	-3.64%
	09 Sep 2016	£275,000	-14.06%
	02 Feb 2024	£320,000	First Sale
35 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	20 Jul 2017	£147,000	First Sale
11 OFFORD CLOSEFlat, LeaseholdArea: 55.47 Sq.mtrAge: 2003-2006	24 Mar 2017	£149,995	36.36%
	24 Sep 2013	£110,000	-11.96%
	21 Apr 2006	£124,950	First Sale
48 OFFORD CLOSETerraced, FreeholdArea: 111 Sq.mtrAge: 2003-2006	01 Dec 2016	£260,000	38.30%
	18 Dec 2009	£188,000	1.62%
	03 Jun 2005	£185,000	First Sale
41 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	05 Oct 2016	£138,000	3.76%
41 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	17 Oct 2005	£132,995	First Sale
16 OFFORD CLOSETerraced, FreeholdArea: 112 Sq.mtrAge: 2003-2006	13 May 2016	£259,500	31.06%
	02 Sep 2005	£197,995	First Sale
34 OFFORD CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 1991-1995	14 Dec 2015	£126,500	First Sale
45 OFFORD CLOSEFlat, FreeholdArea: 67 Sq.mtrAge: 2003-2006	12 Oct 2015	£150,000	20.00%
45 OFFORD CLOSEFlat, FreeholdArea: 67 Sq.mtrAge: 2003-2006	03 Jun 2005	£124,995	First Sale
15 OFFORD CLOSEFlat, LeaseholdArea: 55.03 Sq.mtrAge: 2007 onwards	19 Jan 2015	£121,000	-2.81%
	30 Jun 2006	£124,500	First Sale
37 OFFORD CLOSEFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	17 Nov 2014	£125,000	19.05%
	09 Nov 2012	£105,000	-19.23%
	30 Sep 2005	£129,995	First Sale
30 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2007 onwards	05 Nov 2014	£116,500	10.95%
	11 Nov 2009	£105,000	First Sale
1 OFFORD CLOSEDetached, FreeholdArea: 176.97 Sq.mtrAge: 2003-2006	03 Jul 2014	£370,000	12.63%
	24 Aug 2006	£328,500	First Sale
2 OFFORD CLOSEDetached, FreeholdArea: 189 Sq.mtrAge: 2003-2006	29 Apr 2014	£350,000	11.11%
	03 Nov 2006	£315,000	First Sale
19 OFFORD CLOSEFlat, Leasehold	03 Apr 2014	£119,000	20.20%
	14 May 2010	£99,000	-19.48%
	09 Jun 2006	£122,950	First Sale
38 OFFORD CLOSEFlat, LeaseholdArea: 63 Sq.mtrAge: 2003-2006	10 Dec 2013	£108,500	-16.54%
38 OFFORD CLOSEFlat, LeaseholdArea: 63 Sq.mtrAge: 2003-2006	13 Apr 2006	£129,995	First Sale
21 OFFORD CLOSEFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	01 Mar 2013	£110,000	-10.53%
21 OFFORD CLOSEFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	26 May 2006	£122,950	First Sale
33 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2007 onwards	14 Dec 2012	£102,000	-18.07%
	28 Apr 2006	£124,500	First Sale
4 OFFORD CLOSEFlat, LeaseholdArea: 57.15 Sq.mtrAge: 2003-2006	24 Sep 2010	£106,500	-15.81%
	13 Apr 2006	£126,500	First Sale
14 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	06 Aug 2010	£114,500	-8.03%
14 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	05 May 2006	£124,500	First Sale
3 OFFORD CLOSEDetached, Freehold	14 Oct 2008	£275,000	5.57%
3 OFFORD CLOSEDetached, Freehold	31 Aug 2006	£260,500	First Sale
10 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 1996-2002	30 Jun 2008	£96,000	-23.96%
10 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 1996-2002	28 Jun 2006	£126,250	First Sale
24 OFFORD CLOSETerraced, Freehold	03 Oct 2007	£215,000	First Sale
23 OFFORD CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	31 Jul 2006	£122,500	First Sale
28 OFFORD CLOSEFlat, LeaseholdArea: 66.6 Sq.mtrAge: 2003-2006	16 Jun 2006	£129,995	First Sale
17 OFFORD CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	21 Apr 2006	£124,500	First Sale
39 OFFORD CLOSEFlat, Leasehold	22 Dec 2005	£139,995	First Sale
29 OFFORD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	02 Dec 2005	£134,995	First Sale
18 OFFORD CLOSETerraced, Freehold	01 Sep 2005	£190,000	First Sale
36 OFFORD CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	26 Aug 2005	£119,995	-24.05%
36 OFFORD CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	09 Jun 2021	£158,000	First Sale
43 OFFORD CLOSEFlat, FreeholdArea: 68 Sq.mtrAge: 2003-2006	05 Aug 2005	£136,995	First Sale
49 OFFORD CLOSESemi-Detached, FreeholdArea: 126 Sq.mtrAge: 2003-2006	03 Jun 2005	£143,450	First Sale
40 OFFORD CLOSEFlat, FreeholdArea: 67.78 Sq.mtrAge: 2003-2006	03 Jun 2005	£124,995	First Sale

Check out the sold house prices near the IP5 2DD postcode. Properties currently for saleProperties currently for rent

OFFORD CLOSE, IP5 2DD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP5 2DD 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 IP5 2DD postcode.

Semi-Detached
- The average price is around £166,750 median price is £167,000 Standard Deviation is £77,893 with Total Sold: 713
- The Last 5 Year average price is £286,757 with Total Sold: 76
- The most recent sale happened at this postcode is , 18 MASTERSON GROVE: £305,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 24 STEWART YOUNG GROVE: £47,000 (Sold on 27 Jan 1995)
Detached
- The average price is around £231,998 median price is £229,000 Standard Deviation is £104,471 with Total Sold: 1,662
- The Last 5 Year average price is £403,627 with Total Sold: 158
- The most recent sale happened at this postcode is , 15 SHELBOURNE CLOSE: £422,000 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is , 17 DEBEN VALLEY DRIVE: £72,950 (Sold on 27 Jan 1995)
Terraced
- The average price is around £158,580 median price is £162,995 Standard Deviation is £69,932 with Total Sold: 949
- The Last 5 Year average price is £254,262 with Total Sold: 121
- The most recent sale happened at this postcode is , 5 SPINDLER CLOSE: £315,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 68 DEWAR LANE: £52,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £119,968 median price is £120,995 Standard Deviation is £29,885 with Total Sold: 238
- The Last 5 Year average price is £163,823 with Total Sold: 31
- The most recent sale happened at this postcode is , 9 PEPPER PLACE: £200,000 (Sold on 30 Apr 2024)
- The first recorded sale happened at this postcode is , 24 WILKES COURT: £50,000 (Sold on 15 Jun 2001)
Other
- The average price is around £331,900 median price is £210,000 Standard Deviation is £410,647 with Total Sold: 7
- The Last 5 Year average price is £333,883 with Total Sold: 6
- The most recent sale happened at this postcode is , ALICE GRANGE CARE HOME ST ISIDORES: £15,000 (Sold on 07 Nov 2023)
- The first recorded sale happened at this postcode is , 4 FAIRBAIRN AVENUE: £320,000 (Sold on 27 Sep 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,250		4
2023	£293,346	£3,847	13
2022	£323,763	£3,670	19
2021	£269,312	£3,642	16
2020	£268,556	£3,010	9
2019	£264,900	£2,859	15
2018	£243,183	£3,333	18
2017	£252,380	£3,050	25
2016	£247,455	£3,104	11
2015	£208,029	£2,684	17
2014	£211,131	£2,445	19
2013	£197,100	£2,189	15
2012	£175,946	£2,326	19
2011	£173,882	£2,264	23
2010	£201,833	£2,154	12
2009	£167,829	£2,148	12
2008	£186,676	£2,204	17
2007	£195,782	£2,282	46
2006	£186,622	£2,060	63
2005	£170,748	£1,990	72
2004	£157,309	£2,067	40
2003	£135,898	£1,826	21
2002	£126,208	£1,641	29
2001	£104,867	£1,323	28
2000	£83,291	£1,310	19
1999	£65,900	£1,035	31
1998	£60,305	£900	18
1997	£57,684	£845	20
1996	£56,667	£855	32
1995	£58,556	£877	30

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£432,688	£3,222	8
2023	£459,425	£3,542	29
2022	£436,080	£3,558	22
2021	£398,175	£3,351	40
2020	£379,074	£3,410	27
2019	£351,016	£2,925	32
2018	£372,826	£3,049	33
2017	£338,458	£2,985	48
2016	£341,651	£2,975	33
2015	£325,367	£2,716	49
2014	£299,039	£2,439	38
2013	£267,768	£2,242	42
2012	£257,534	£2,256	43
2011	£257,325	£2,301	43
2010	£254,670	£2,103	41
2009	£223,868	£1,951	36
2008	£246,462	£2,396	52
2007	£250,329	£2,043	86
2006	£252,346	£1,905	161
2005	£233,601	£1,859	143
2004	£220,222	£1,906	88
2003	£196,573	£1,788	64
2002	£172,847	£1,564	94
2001	£156,363	£1,382	93
2000	£121,104	£1,232	77
1999	£104,315	£955	57
1998	£91,091	£942	48
1997	£90,203	£843	48
1996	£89,421	£882	38
1995	£87,626	£818	49

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£271,206	£3,299	17
2023	£263,667	£3,607	18
2022	£302,406	£3,557	16
2021	£247,736	£3,379	26
2020	£240,045	£3,115	22
2019	£220,391	£3,008	22
2018	£244,259	£2,912	29
2017	£226,900	£2,809	25
2016	£218,507	£2,839	34
2015	£197,138	£2,643	34
2014	£197,790	£2,356	38
2013	£162,897	£2,464	29
2012	£172,798	£2,305	41
2011	£162,888	£2,510	27
2010	£177,485	£2,034	17
2009	£150,269	£1,984	27
2008	£161,561	£2,056	25
2007	£178,046	£2,233	49
2006	£166,676	£2,106	51
2005	£158,886	£1,953	92
2004	£142,998	£2,014	59
2003	£113,570	£1,821	30
2002	£97,460	£1,529	23
2001	£80,871	£1,210	28
2000	£78,316	£1,218	32
1999	£62,512	£983	30
1998	£52,021	£880	23
1997	£50,274	£827	31
1996	£48,377	£815	30
1995	£50,938	£779	24

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£203,750	£3,232	2
2023	£168,500	£2,919	8
2022	£165,000	£3,145	10
2021	£151,929	£2,745	7
2020	£149,250	£2,613	2
2019	£155,500	£2,653	2
2018	£146,125	£2,506	8
2017	£140,550	£2,838	10
2016	£130,617	£2,387	18
2015	£125,733	£2,135	15
2014	£117,667	£2,112	12
2013	£107,821	£1,864	7
2012	£112,071	£1,921	7
2011	£109,167	£2,067	3
2010	£105,561	£1,908	8
2009	£105,000	£1,909	1
2008	£82,780	£1,550	25
2007	£122,606	£2,245	16
2006	£119,678	£2,207	31
2005	£105,399	£2,046	31
2004	£122,543	£2,110	9
2001	£53,782	£1,340	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£657,500		2
2021	£164,433	£2,393	3
2020	£195,000	£3,362	1
2018	£320,000	£2,883	1

House Type in IP5 2DD area

The most common house types in the IP5 2DD postcode area are Flat (36), Terraced (35), and Semi-detached (12).

Total	89
Flat	36
Terraced	35
Semi-detached	12
Detached	6
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 with a mortgage or loan (43), and Private rented: Private landlord or letting agency (28).

Owned: Owns with a mortgage or loan	43
Private rented: Private landlord or letting agency	28
Owned: Owns outright	10
Social rented: Other social rented	7
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	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 IP5 2DD have 2 people in household (30), and 1 person in household (26).

2 people in household	30
1 person in household	26
4 people in household	17
3 people in household	13
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0