Housing Market Analysis for PAPER MILL LANE, IP8 4BU

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £188,750 median price is £188,750 Standard Deviation is £8,250 with Total Sold: 2
    • The Last 5 Year average price is £197,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE PINES, 111 PAPER MILL LANE: £197,000 (Sold on 24 Mar 2023)
    • The first recorded sale happened at this postcode is 113 PAPER MILL LANE: £180,500 (Sold on 17 Mar 2006)
  • Detached
    • The average price is around £194,758 median price is £171,750 Standard Deviation is £157,141 with Total Sold: 6
    • The Last 5 Year average price is £511,500 with Total Sold: 1
    • The most recent sale happened at this postcode is FARAH HOUSE, 115 PAPER MILL LANE: £511,500 (Sold on 07 Sep 2020)
    • 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 £465,000 median price is £465,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 117 PAPER MILL LANE: £465,000 (Sold on 09 Jan 2015)
    • The first recorded sale happened at this postcode is 117 PAPER MILL LANE: £465,000 (Sold on 09 Jan 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average IP8 4BU 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£197,0001
2006£180,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£511,5001
2011£150,500 £2,508 1
1999£193,0001
1998£222,000 £663 1
1995£45,775 £763 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£465,0001

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

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

AddressSold DatePrice% Change
THE PINES, 111 PAPER MILL LANESemi-Detached, Freehold24 Mar 2023£197,000First Sale
FARAH HOUSE, 115 PAPER MILL LANEDetached, Freehold07 Sep 2020£511,500First Sale
117 PAPER MILL LANETerraced, Freehold09 Jan 2015£465,000140.93%
18 Oct 1999£193,000First Sale
107 PAPER MILL LANEDetached, FreeholdArea: 60 Sq.mtrAge: 1930-194918 May 2011£150,500131.54%
28 Jul 1995£65,000144.82%
02 Mar 1995£26,550First Sale
113 PAPER MILL LANESemi-Detached, Freehold17 Mar 2006£180,500First Sale
115 PAPER MILL LANEDetached, FreeholdArea: 335 Sq.mtrAge: before 190009 Jul 1998£222,000First Sale

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

PAPER MILL LANE, IP8 4BU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £153,598 median price is £156,750 Standard Deviation is £77,909 with Total Sold: 188
    • The Last 5 Year average price is £256,958 with Total Sold: 38
    • 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 , 2 LIMES AVENUE: £48,000 (Sold on 01 Feb 1995)
  • Terraced
    • The average price is around £135,433 median price is £128,750 Standard Deviation is £75,690 with Total Sold: 56
    • The Last 5 Year average price is £223,700 with Total Sold: 10
    • 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 , 16 FLINDELL DRIVE: £36,500 (Sold on 28 Apr 1995)
  • Detached
    • The average price is around £231,529 median price is £212,500 Standard Deviation is £141,481 with Total Sold: 118
    • The Last 5 Year average price is £418,350 with Total Sold: 20
    • The most recent sale happened at this postcode is , EASTLEIGH HIBBARD ROAD: £495,000 (Sold on 05 Jan 2024)
    • The first recorded sale happened at this postcode is , 107 PAPER MILL LANE: £26,550 (Sold on 02 Mar 1995)
  • Other
    • The average price is around £288,642 median price is £200,000 Standard Deviation is £195,428 with Total Sold: 7
    • 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 , HILL VIEW HIBBARD ROAD: £42,500 (Sold on 24 Feb 2017)
  • Flat
    • The average price is around £13,500 median price is £13,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 32 ACTON ROAD: £13,500 (Sold on 28 Jan 2000)
    • The first recorded sale happened at this postcode is , 32 ACTON ROAD: £13,500 (Sold on 28 Jan 2000)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£301,250 £4,452 4
2023£225,500 £3,455 4
2022£291,333 £3,977 3
2021£260,969 £3,521 16
2020£225,000 £2,860 4
2019£243,986 £2,912 7
2018£175,700 £2,561 4
2017£213,998 £2,912 3
2016£192,071 £2,735 7
2015£186,800 £2,163 5
2014£175,784 £2,716 7
2013£162,999 £2,292 7
2012£149,000 £2,427 2
2011£163,625 £1,943 4
2010£170,626 £1,948 10
2009£153,131 £1,826 6
2008£173,5001
2007£178,143 £2,270 7
2006£148,833 £1,857 6
2005£183,800 £1,828 5
2004£140,500 £1,639 11
2003£139,600 £1,290 5
2002£111,828 £1,385 9
2001£85,082 £1,090 6
2000£62,958 £796 6
1999£70,784 £798 7
1998£64,3577
1997£50,366 £896 7
1996£48,145 £520 10
1995£48,625 £698 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£288,0001
2023£269,500 £3,694 2
2021£192,500 £2,449 2
2020£217,665 £2,902 3
2019£186,000 £2,784 2
2018£195,000 £2,500 1
2016£164,167 £1,977 3
2015£233,500 £2,229 4
2014£138,000 £2,300 1
2013£129,667 £1,835 3
2012£137,667 £1,711 3
2011£113,750 £1,563 2
2009£139,500 £1,653 2
2008£127,167 £1,989 3
2007£140,0001
2005£125,000 £1,603 1
2004£132,000 £2,031 1
2003£95,000 £1,285 2
2002£96,812 £1,349 4
2001£99,498 £1,093 3
2000£71,500 £808 2
1999£46,667 £556 3
1998£65,000 £1,000 1
1997£51,250 £670 2
1996£42,000 £382 2
1995£45,2502
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£495,000 £3,486 1
2023£615,000 £3,983 2
2022£491,250 £3,406 2
2021£396,375 £3,179 8
2020£363,300 £3,026 5
2019£336,000 £3,550 2
2018£337,500 £2,370 2
2017£316,833 £2,788 6
2016£257,494 £2,765 8
2015£245,000 £2,353 5
2014£260,000 £2,058 2
2013£298,125 £2,196 4
2012£213,333 £2,169 3
2011£280,100 £1,964 5
2010£342,000 £3,701 1
2009£185,975 £2,045 2
2008£215,0001
2007£280,832 £2,663 3
2006£194,054 £2,432 5
2005£259,620 £1,908 5
2004£196,874 £1,824 4
2003£149,125 £1,123 4
2002£131,833 £1,369 3
2001£107,875 £853 4
2000£111,380 £716 5
1999£144,417 £848 6
1998£113,781 £896 8
1997£70,575 £545 6
1996£50,0001
1995£56,310 £607 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£490,998 £2,474 3
2019£166,250 £1,045 2
2018£172,500 £671 1
2017£42,500 £251 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£13,5001

House Type in IP8 4BU area

The most common house types in the IP8 4BU postcode area are Semi-detached (64), Detached (46), and Terraced (37).

Total190
Semi-detached64
Detached46
Terraced37
Flat26
converted building13
commercial building2
Shared house1
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (68), and Owned: Owns outright (56).

Owned: Owns with a mortgage or loan68
Owned: Owns outright56
Private rented: Private landlord or letting agency30
Social rented: Other social rented20
Social rented: Rents from council or Local Authority8
Shared ownership: Shared ownership7
Private rented: Other private rented4
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the IP8 4BU have 2 people in household (71), and 1 person in household (63).

2 people in household71
1 person in household63
4 people in household27
3 people in household24
5 people in household4
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0