Housing Market Analysis for GROVE HILL, IP8 3LU

Are you looking to understand IP8 3LU 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 Babergh postcode.

For the location information and nearby amenities in the IP8 3LU area, explore the IP8 3LU Area information page.
For comprehensive crime statistics in the IP8 3LU area, explore the IP8 3LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP8 3LU postcode area, The average prices are as follows,

Detached
- The average price is around £274,696 median price is £246,500 Standard Deviation is £121,016 with Total Sold: 28
- The Last 5 Year average price is £347,500 with Total Sold: 3
- The most recent sale happened at this postcode is WAYSIDE GROVE HILL: £402,500 (Sold on 03 Sep 2020)
- The first recorded sale happened at this postcode is HEATHERSTONE GROVE HILL: £135,000 (Sold on 27 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IP8 3LU 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£402,500	£5,669	1
2019	£320,000	£4,027	2
2017	£520,000	£2,667	1
2016	£215,000	£2,098	1
2015	£275,667	£2,861	3
2014	£307,500	£2,388	2
2013	£225,000	£1,907	1
2012	£280,000	£2,147	1
2011	£240,000		1
2007	£241,500		2
2006	£356,250	£2,848	4
2005	£240,000	£2,342	1
2004	£287,500	£2,339	2
2002	£130,000	£1,872	1
1999	£265,525	£1,477	2
1998	£108,000		1
1997	£117,475	£712	2

All the Sales in the GROVE HILL, IP8 3LU

See the table below for more details on the sold house prices in the IP8 3LU, Babergh postcode.

Address	Sold Date	Price	% Change
WAYSIDE GROVE HILLDetached, FreeholdArea: 71 Sq.mtrAge: 1930-1949	03 Sep 2020	£402,500	99.26%
	06 Oct 2015	£202,000	First Sale
ALDERSYDE GROVE HILLDetached, FreeholdArea: 62 Sq.mtrAge: 1930-1949	20 Dec 2019	£235,000	First Sale
THE BOGAN GROVE HILLDetached, FreeholdArea: 95 Sq.mtrAge: 1950-1966	31 Oct 2019	£405,000	First Sale
CROSS TREES GROVE HILLDetached, FreeholdArea: 195 Sq.mtrAge: 1967-1975	22 Jun 2017	£520,000	First Sale
JUBILEE BUNGALOW GROVE HILLDetached, FreeholdArea: 102.49 Sq.mtrAge: 1930-1949	05 Aug 2016	£215,000	-10.42%
	11 Feb 2005	£240,000	First Sale
13 GROVE HILLDetached, Freehold	28 Aug 2015	£250,000	4.17%
	06 Jan 2011	£240,000	-1.23%
	26 Oct 2007	£243,000	38.86%
	04 Oct 2006	£175,000	First Sale
VARISELLA GROVE HILLDetached, FreeholdArea: 130.39 Sq.mtrAge: 1983-1990	08 May 2015	£375,000	33.93%
	16 Mar 2012	£280,000	First Sale
CHERRY TREES GROVE HILLDetached, FreeholdArea: 118 Sq.mtrAge: 1950-1966	29 Aug 2014	£310,000	37.78%
	13 Sep 2013	£225,000	First Sale
LITTLE ORCHARD GROVE HILLDetached, FreeholdArea: 142 Sq.mtrAge: 1930-1949	02 Jan 2014	£305,000	First Sale
ELEDON GROVE HILLDetached, Freehold	21 Sep 2007	£240,000	First Sale
GARDEN HOUSE GROVE HILLDetached, Freehold	28 Sep 2006	£290,000	First Sale
PINE LODGE GROVE HILLDetached, FreeholdArea: 237 Sq.mtrAge: 1983-1990	31 Aug 2006	£675,000	92.83%
	17 Aug 1999	£350,050	First Sale
CROPLEY GROVE GROVE HILLDetached, Freehold	04 Aug 2006	£285,000	First Sale
ELMCROFT GROVE HILLDetached, FreeholdArea: 90 Sq.mtrAge: 1930-1949	11 Oct 2004	£255,000	First Sale
THE SWALLOWS GROVE HILLDetached, FreeholdArea: 173.48 Sq.mtrAge: 1983-1990	26 Apr 2004	£320,000	First Sale
HAZEL SHRUB GROVE HILLDetached, FreeholdArea: 69.46 Sq.mtrAge: 1950-1966	29 May 2002	£130,000	First Sale
STRATHLEA GROVE HILLDetached, Freehold	11 Aug 1999	£181,000	First Sale
HIGH VIEW GROVE HILLDetached, Freehold	22 May 1998	£108,000	8.05%
HIGH VIEW GROVE HILLDetached, Freehold	27 Nov 1997	£99,950	First Sale
HEATHERSTONE GROVE HILLDetached, FreeholdArea: 189.48 Sq.mtrAge: 1967-1975	27 Nov 1997	£135,000	First Sale

Check out the sold house prices near the IP8 3LU postcode. Properties currently for saleProperties currently for rent

GROVE HILL, IP8 3LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP8 3LU 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 IP8 3LU postcode.

Semi-Detached
- The average price is around £234,630 median price is £243,000 Standard Deviation is £93,731 with Total Sold: 23
- The Last 5 Year average price is £339,500 with Total Sold: 5
- The most recent sale happened at this postcode is , KINGS PIECE HOLLY LANE: £300,000 (Sold on 07 Nov 2022)
- The first recorded sale happened at this postcode is , 43 THE STREET: £94,500 (Sold on 19 Mar 1996)
Detached
- The average price is around £356,429 median price is £284,500 Standard Deviation is £203,487 with Total Sold: 74
- The Last 5 Year average price is £648,000 with Total Sold: 15
- The most recent sale happened at this postcode is , GABLE END GROVE HILL: £537,500 (Sold on 23 Feb 2022)
- The first recorded sale happened at this postcode is , CAMPION CHAPEL LANE: £92,000 (Sold on 26 May 1995)
Other
- The average price is around £1,555,925 median price is £1,555,925 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is , 5 MOYES PLACE: £1,555,925 (Sold on 14 Dec 2017)
- The first recorded sale happened at this postcode is , 5 MOYES PLACE: £1,555,925 (Sold on 14 Dec 2017)
Terraced
- The average price is around £63,250 median price is £63,250 Standard Deviation is £16,750 with Total Sold: 2
- The most recent sale happened at this postcode is , 42 THE STREET: £80,000 (Sold on 08 Jan 2009)
- The first recorded sale happened at this postcode is , 42 THE STREET: £46,500 (Sold on 27 Oct 1999)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£300,000	£2,239	2
2021	£345,000		1
2019	£376,250	£3,645	2
2018	£228,000	£3,123	1
2016	£298,750		2
2014	£263,750	£3,961	2
2010	£266,000	£3,057	1
2007	£213,332	£3,505	3
2006	£281,500	£2,370	2
2005	£213,000	£3,750	1
2003	£173,750	£2,597	2
2000	£93,500		1
1997	£64,250	£641	2
1996	£94,500		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£537,500	£3,733	1
2021	£748,571	£3,252	7
2020	£640,833	£4,052	3
2019	£505,000	£3,268	4
2018	£473,750	£2,795	6
2017	£468,750	£2,835	4
2016	£280,500	£2,607	2
2015	£303,000	£3,093	4
2014	£295,625	£2,838	4
2013	£270,000	£2,047	2
2012	£255,000	£2,461	2
2011	£262,000	£3,422	2
2010	£220,000	£2,408	1
2008	£267,500		1
2007	£249,000	£2,273	4
2006	£330,250	£3,386	8
2005	£252,500	£2,767	2
2004	£266,667	£2,252	3
2002	£148,875	£1,946	2
2001	£143,750	£1,658	2
2000	£138,000		1
1999	£265,525	£1,477	2
1998	£108,000		1
1997	£104,790	£877	5
1995	£92,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£1,555,925	£6,765	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£80,000	£2,288	1
1999	£46,500	£1,330	1

House Type in IP8 3LU area

The most common house types in the IP8 3LU postcode area are Detached (77), Semi-detached (24), and Terraced (6).

Total	107
Detached	77
Semi-detached	24
Terraced	6
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 (49), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright	49
Owned: Owns with a mortgage or loan	44
Private rented: Private landlord or letting agency	10
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the IP8 3LU have 2 people in household (41), and 1 person in household (27).

2 people in household	41
1 person in household	27
4 people in household	17
3 people in household	11
5 people in household	6
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0