Housing Market Analysis for PAPER MILL LANE, IP8 4BS

Are you looking to understand IP8 4BS 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 IP8 4BS area, explore the IP8 4BS Area information page.
For comprehensive crime statistics in the IP8 4BS area, explore the IP8 4BS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP8 4BS postcode area, The average prices are as follows,

Terraced
- The average price is around £141,400 median price is £162,000 Standard Deviation is £76,067 with Total Sold: 5
- The Last 5 Year average price is £260,000 with Total Sold: 1
- The most recent sale happened at this postcode is 26 PAPER MILL LANE: £260,000 (Sold on 12 Jan 2023)
- The first recorded sale happened at this postcode is 28 PAPER MILL LANE: £45,000 (Sold on 24 May 1996)
Detached
- The average price is around £205,810 median price is £207,500 Standard Deviation is £64,984 with Total Sold: 21
- The Last 5 Year average price is £317,500 with Total Sold: 2
- The most recent sale happened at this postcode is 20 PAPER MILL LANE: £320,000 (Sold on 17 Sep 2021)
- The first recorded sale happened at this postcode is 42 PAPER MILL LANE: £109,000 (Sold on 22 Jan 1998)
Semi-Detached
- The average price is around £91,857 median price is £74,000 Standard Deviation is £49,586 with Total Sold: 7
- The most recent sale happened at this postcode is 4 PAPER MILL LANE: £167,500 (Sold on 19 Mar 2015)
- The first recorded sale happened at this postcode is 14 PAPER MILL LANE: £33,000 (Sold on 15 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP8 4BS 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
2023	£260,000	£3,095	1
2012	£166,000	£1,694	1
2009	£162,000	£1,653	1
2001	£74,000	£881	1
1996	£45,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£320,000	£3,721	1
2020	£315,000	£2,692	1
2017	£308,000	£2,053	1
2015	£215,000		2
2014	£280,000	£1,879	1
2013	£196,250	£1,958	2
2012	£250,000	£1,938	1
2008	£215,000		1
2005	£232,667	£1,742	3
2004	£172,500		1
2003	£156,500	£1,338	1
2002	£189,000	£1,465	1
2001	£121,167	£1,026	3
2000	£123,000		1
1998	£109,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£167,500	£2,094	1
2010	£72,000	£847	1
2003	£163,000		1
2000	£74,000	£438	1
1998	£89,000		1
1996	£44,500	£263	1
1995	£33,000		1

All the Sales in the PAPER MILL LANE, IP8 4BS

See the table below for more details on the sold house prices in the IP8 4BS, Mid Suffolk postcode.

Address	Sold Date	Price	% Change
26 PAPER MILL LANETerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	12 Jan 2023	£260,000	251.35%
	24 Aug 2001	£74,000	First Sale
20 PAPER MILL LANEDetached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	17 Sep 2021	£320,000	First Sale
44 PAPER MILL LANEDetached, FreeholdArea: 117 Sq.mtrAge: 1983-1990	01 May 2020	£315,000	101.28%
	03 Oct 2003	£156,500	30.42%
	25 May 2001	£120,000	First Sale
36 PAPER MILL LANEDetached, FreeholdArea: 150 Sq.mtrAge: 1983-1990	06 Jan 2017	£308,000	28.33%
	24 Jun 2005	£240,000	First Sale
2 PAPER MILL LANEDetached, Freehold	22 Dec 2015	£200,000	-6.98%
	01 Apr 2005	£215,000	102.83%
	21 Nov 2001	£106,000	First Sale
38 PAPER MILL LANEDetached, Freehold	21 Aug 2015	£230,000	41.10%
	15 Dec 2003	£163,000	83.15%
	18 Mar 1998	£89,000	First Sale
4 PAPER MILL LANESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-1949	19 Mar 2015	£167,500	First Sale
48 PAPER MILL LANEDetached, FreeholdArea: 149 Sq.mtrAge: 1976-1982	23 Dec 2014	£280,000	First Sale
46 PAPER MILL LANEDetached, Freehold	20 Dec 2013	£185,000	7.25%
46 PAPER MILL LANEDetached, Freehold	28 Apr 2004	£172,500	First Sale
32 PAPER MILL LANEDetached, FreeholdArea: 106 Sq.mtrAge: 1983-1990	25 Oct 2013	£207,500	First Sale
24 PAPER MILL LANETerraced, FreeholdArea: 98 Sq.mtrAge: 1900-1929	20 Dec 2012	£166,000	2.47%
	01 Sep 2009	£162,000	First Sale
50 PAPER MILL LANEDetached, FreeholdArea: 129 Sq.mtrAge: 1983-1990	23 Apr 2012	£250,000	2.88%
	25 Nov 2005	£243,000	28.57%
	02 Aug 2002	£189,000	First Sale
6 PAPER MILL LANESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1900-1929	29 Nov 2010	£72,000	First Sale
40 PAPER MILL LANEDetached, Freehold	02 Jun 2008	£215,000	56.36%
40 PAPER MILL LANEDetached, Freehold	20 Oct 2001	£137,500	First Sale
16 PAPER MILL LANEDetached, Freehold	03 Mar 2000	£123,000	First Sale
30 PAPER MILL LANESemi-Detached, FreeholdArea: 169 Sq.mtrAge: 1900-1929	10 Jan 2000	£74,000	66.29%
	07 Jun 1996	£44,500	First Sale
42 PAPER MILL LANEDetached, Freehold	22 Jan 1998	£109,000	First Sale
28 PAPER MILL LANETerraced, Freehold	24 May 1996	£45,000	First Sale
14 PAPER MILL LANESemi-Detached, Freehold	15 Sep 1995	£33,000	First Sale

Check out the sold house prices near the IP8 4BS postcode. Properties currently for saleProperties currently for rent

PAPER MILL LANE, IP8 4BS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP8 4BS 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 4BS postcode.

Semi-Detached
- The average price is around £143,288 median price is £140,000 Standard Deviation is £76,120 with Total Sold: 432
- The Last 5 Year average price is £249,415 with Total Sold: 68
- The most recent sale happened at this postcode is , 68 LEGGATT DRIVE: £285,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 8 LEGGATT DRIVE: £53,000 (Sold on 12 Jan 1995)
Detached
- The average price is around £210,512 median price is £188,500 Standard Deviation is £124,734 with Total Sold: 278
- The Last 5 Year average price is £393,931 with Total Sold: 36
- The most recent sale happened at this postcode is , 15 BENTLEY ROAD: £375,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , 107 PAPER MILL LANE: £26,550 (Sold on 02 Mar 1995)
Terraced
- The average price is around £108,086 median price is £112,000 Standard Deviation is £56,098 with Total Sold: 289
- The Last 5 Year average price is £198,138 with Total Sold: 34
- The most recent sale happened at this postcode is , 22 CHAPEL FIELD: £288,000 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is , 22 MAUDSLAY ROAD: £39,950 (Sold on 20 Jan 1995)
Other
- The average price is around £430,687 median price is £299,998 Standard Deviation is £417,917 with Total Sold: 8
- The Last 5 Year average price is £361,099 with Total Sold: 5
- The most recent sale happened at this postcode is , HAWTHORN HOUSE HILLCREST APPROACH: £650,000 (Sold on 30 Jun 2021)
- The first recorded sale happened at this postcode is , UNIT 2 LOVETOFTS DRIVE: £1,425,000 (Sold on 18 Oct 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£288,000	£4,091	5
2023	£252,667	£3,679	9
2022	£273,556	£4,303	9
2021	£251,543	£3,504	20
2020	£225,818	£2,938	11
2019	£233,529	£3,064	14
2018	£198,164	£3,241	11
2017	£237,999	£2,790	8
2016	£195,497	£2,771	17
2015	£175,136	£2,339	11
2014	£168,576	£2,502	13
2013	£158,750	£2,309	8
2012	£161,167	£2,224	9
2011	£145,750	£2,216	13
2010	£171,733	£2,008	14
2009	£137,028	£1,796	10
2008	£151,700	£1,901	5
2007	£186,947	£2,331	19
2006	£158,010	£2,113	19
2005	£145,394	£1,893	19
2004	£135,133	£1,742	26
2003	£128,679	£1,429	7
2002	£104,375	£1,352	20
2001	£79,249	£1,023	16
2000	£73,099	£898	17
1999	£68,089	£953	39
1998	£58,625	£756	16
1997	£52,669	£752	21
1996	£47,621	£544	12
1995	£47,607	£665	14

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£435,000	£3,486	2
2023	£506,250	£3,685	4
2022	£430,833	£3,649	3
2021	£381,700	£3,979	15
2020	£335,722	£3,194	9
2019	£415,667	£3,420	3
2018	£302,143	£2,910	7
2017	£305,111	£2,850	9
2016	£256,246	£2,859	14
2015	£241,286	£2,669	7
2014	£243,222	£2,349	9
2013	£271,929	£2,235	7
2012	£204,900	£2,106	5
2011	£251,636	£1,911	11
2010	£233,899	£2,513	5
2009	£240,158	£2,021	6
2008	£215,000		1
2007	£277,957	£2,253	13
2006	£198,378	£2,432	6
2005	£233,110	£2,007	10
2004	£204,700	£1,675	10
2003	£172,749	£1,447	10
2002	£167,820	£1,456	10
2001	£120,142	£1,109	20
2000	£120,886	£969	29
1999	£110,349	£937	21
1998	£113,781	£896	8
1997	£78,207	£784	14
1996	£50,167	£610	3
1995	£74,864	£607	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£259,000		2
2023	£227,700	£3,374	5
2022	£203,731	£3,108	6
2021	£180,000	£2,641	4
2020	£189,890	£2,836	11
2019	£174,833	£2,875	6
2018	£180,100	£2,774	5
2017	£170,333	£2,365	3
2016	£155,000	£2,575	5
2015	£166,654	£2,309	13
2014	£140,400	£2,254	10
2013	£124,000	£1,895	7
2012	£123,750	£1,730	8
2011	£109,812	£1,753	8
2010	£107,800	£1,682	5
2009	£127,250	£1,748	8
2008	£128,786	£2,165	7
2007	£129,493	£2,093	8
2006	£122,557	£1,931	17
2005	£117,214	£1,826	14
2004	£109,940	£1,724	15
2003	£98,357	£1,454	7
2002	£82,167	£1,270	12
2001	£70,008	£959	20
2000	£60,559	£960	15
1999	£56,355	£853	21
1998	£46,716	£743	9
1997	£43,054	£681	14
1996	£38,266	£600	15
1995	£41,661	£662	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£490,998	£2,474	3
2019	£166,250	£1,045	2
2018	£172,500	£671	1
2017	£42,500	£251	1
2013	£1,425,000		1

House Type in IP8 4BS area

The most common house types in the IP8 4BS postcode area are Detached (68), Semi-detached (40), and Terraced (10).

Total	119
Detached	68
Semi-detached	40
Terraced	10
Flat	1
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 (57), and Owned: Owns outright (51).

Owned: Owns with a mortgage or loan	57
Owned: Owns outright	51
Private rented: Private landlord or letting agency	7
Private rented: Other private rented	3
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the IP8 4BS have 2 people in household (49), and 3 people in household (26).

2 people in household	49
3 people in household	26
4 people in household	17
1 person in household	16
5 people in household	8
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0