Housing Market Analysis for NORWICH ROAD, IP6 8LP

Are you looking to understand IP6 8LP 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 Mid Suffolk postcode.

For the location information and nearby amenities in the IP6 8LP area, explore the IP6 8LP Area information page.
For comprehensive crime statistics in the IP6 8LP area, explore the IP6 8LP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP6 8LP postcode area, The average prices are as follows,

  • Other
    • The average price is around £4,751,983 median price is £5,000,000 Standard Deviation is £1,017,859 with Total Sold: 3
    • The Last 5 Year average price is £5,855,950 with Total Sold: 1
    • The most recent sale happened at this postcode is TRAVEL LODGE AND LITTLE CHEF NORWICH ROAD: £5,855,950 (Sold on 26 Feb 2019)
    • The first recorded sale happened at this postcode is BEACON HILL NORWICH ROAD: £3,400,000 (Sold on 29 Nov 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average IP6 8LP 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£5,855,9501
2017£5,000,0001
2013£3,400,0001

All the Sales in the NORWICH ROAD, IP6 8LP

See the table below for more details on the sold house prices in the IP6 8LP, Mid Suffolk postcode.

AddressSold DatePrice% Change
TRAVEL LODGE AND LITTLE CHEF NORWICH ROADOther, Freehold26 Feb 2019£5,855,95017.12%
07 Aug 2017£5,000,000First Sale
BEACON HILL NORWICH ROADOther, Freehold29 Nov 2013£3,400,000First Sale

Check out the sold house prices near the IP6 8LP postcode. Properties currently for saleProperties currently for rent

NORWICH ROAD, IP6 8LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP6 8LP 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 IP6 8LP postcode.

  • Detached
    • The average price is around £334,125 median price is £225,000 Standard Deviation is £235,585 with Total Sold: 8
    • The Last 5 Year average price is £900,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , RIVERSIDE BARN KETTLE LANE: £900,000 (Sold on 18 Nov 2022)
    • The first recorded sale happened at this postcode is , MEADOWLAND CODDENHAM ROAD: £138,000 (Sold on 10 May 1996)
  • Other
    • The average price is around £3,726,488 median price is £4,200,000 Standard Deviation is £1,982,915 with Total Sold: 4
    • The Last 5 Year average price is £5,855,950 with Total Sold: 1
    • The most recent sale happened at this postcode is , TRAVEL LODGE AND LITTLE CHEF NORWICH ROAD: £5,855,950 (Sold on 26 Feb 2019)
    • The first recorded sale happened at this postcode is , BEACON HILL NORWICH ROAD: £3,400,000 (Sold on 29 Nov 2013)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£900,000 £3,659 1
2017£200,0001
2014£410,000 £2,306 1
2010£415,000 £1,709 1
2009£250,000 £2,500 1
2003£195,000 £1,950 1
2002£165,000 £1,650 1
1996£138,000 £568 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£5,855,9501
2018£650,000 £2,642 1
2017£5,000,0001
2013£3,400,0001

House Type in IP6 8LP area

The most common house types in the IP6 8LP postcode area are Detached (99), Semi-detached (45), and Terraced (10).

Total159
Detached99
Semi-detached45
Terraced10
converted building3
Flat1
Shared house1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (66), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright66
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency27
Social rented: Other social rented19
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IP6 8LP have 2 people in household (73), and 1 person in household (42).

2 people in household73
1 person in household42
3 people in household18
4 people in household18
5 people in household5
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0