Housing Market Analysis for GROVE FARM COTTAGES, IP8 4BX

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £243,000 median price is £300,000 Standard Deviation is £138,310 with Total Sold: 5
    • The Last 5 Year average price is £420,000 with Total Sold: 1
    • The most recent sale happened at this postcode is GROVE FARM BARN PAPER MILL LANE: £420,000 (Sold on 28 May 2021)
    • The first recorded sale happened at this postcode is 1 GROVE FARM COTTAGES: £38,000 (Sold on 17 Jul 1996)
  • Detached
    • The average price is around £256,000 median price is £256,000 Standard Deviation is £86,000 with Total Sold: 2
    • The most recent sale happened at this postcode is GRANARY COTTAGE PAPER MILL LANE: £170,000 (Sold on 10 Mar 2017)
    • The first recorded sale happened at this postcode is STOCKLEY BARN PAPER MILL LANE: £342,000 (Sold on 21 Dec 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average IP8 4BX 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
2021£420,000 £2,710 1
2010£325,000 £2,389 1
2005£300,0001
1999£132,000 £970 1
1996£38,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£170,0001
2010£342,000 £3,701 1

All the Sales in the GROVE FARM COTTAGES, IP8 4BX

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

AddressSold DatePrice% Change
GROVE FARM BARN PAPER MILL LANESemi-Detached, FreeholdArea: 155 Sq.mtrAge: 2003-200628 May 2021£420,000First Sale
GRANARY COTTAGE PAPER MILL LANEDetached, Freehold10 Mar 2017£170,000First Sale
STOCKLEY BARN PAPER MILL LANEDetached, FreeholdArea: 92.4 Sq.mtr21 Dec 2010£342,000First Sale
2 GROVE FARM COTTAGESSemi-Detached, FreeholdArea: 136.05 Sq.mtrAge: 1900-192922 Oct 2010£325,000146.21%
01 Nov 1999£132,000First Sale
1 GROVE FARM COTTAGESSemi-Detached, Freehold20 Jun 2005£300,000689.47%
17 Jul 1996£38,000First Sale

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

GROVE FARM COTTAGES, IP8 4BX Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £156,232 median price is £159,000 Standard Deviation is £78,344 with Total Sold: 158
    • The Last 5 Year average price is £260,981 with Total Sold: 27
    • 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 £140,144 median price is £133,250 Standard Deviation is £86,235 with Total Sold: 38
    • The Last 5 Year average price is £234,285 with Total Sold: 7
    • 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 , 6 ACTON GARDENS: £54,000 (Sold on 23 Oct 1995)
  • Detached
    • The average price is around £233,106 median price is £210,000 Standard Deviation is £147,237 with Total Sold: 105
    • The Last 5 Year average price is £448,633 with Total Sold: 15
    • 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 £267,150 median price is £186,250 Standard Deviation is £197,655 with Total Sold: 10
    • The Last 5 Year average price is £412,599 with Total Sold: 5
    • The most recent sale happened at this postcode is , 17 WEST MEADOWS: £100,000 (Sold on 27 Jan 2023)
    • The first recorded sale happened at this postcode is , HILL VIEW HIBBARD ROAD: £42,500 (Sold on 24 Feb 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£301,250 £4,452 4
2023£244,000 £3,664 3
2022£284,500 £3,818 2
2021£260,036 £3,465 14
2020£225,000 £2,860 4
2019£241,733 £2,847 6
2018£179,267 £2,561 3
2017£213,998 £2,912 3
2016£188,667 £2,547 6
2015£186,800 £2,163 5
2014£173,749 £2,781 4
2013£166,833 £2,315 6
2012£158,000 £2,092 1
2011£165,667 £1,987 3
2010£169,782 £1,811 8
2009£153,131 £1,826 6
2008£173,5001
2007£181,000 £2,254 6
2006£155,600 £1,857 5
2005£183,800 £1,828 5
2004£143,722 £1,623 9
2003£140,500 £1,290 4
2002£111,828 £1,385 9
2001£84,099 £1,090 5
2000£65,667 £645 3
1999£73,249 £777 6
1998£65,1676
1997£56,750 £1,096 4
1996£47,939 £503 9
1995£48,625 £698 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£288,0001
2023£269,500 £3,694 2
2021£160,000 £1,975 1
2020£217,665 £2,902 3
2019£192,000 £3,200 1
2018£195,000 £2,500 1
2016£155,000 £2,082 1
2015£263,000 £2,402 3
2013£140,000 £2,059 1
2012£166,000 £1,694 1
2011£100,000 £1,343 1
2009£162,000 £1,653 1
2008£155,000 £2,941 1
2007£140,0001
2005£125,000 £1,603 1
2004£132,000 £2,031 1
2003£94,000 £1,324 1
2002£99,166 £1,410 3
2001£99,498 £1,093 3
2000£71,500 £808 2
1999£48,000 £556 2
1998£65,000 £1,000 1
1997£51,250 £670 2
1996£42,000 £382 2
1995£54,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£495,000 £3,486 1
2023£615,000 £3,983 2
2022£710,000 £2,620 1
2021£403,286 £3,238 7
2020£367,875 £3,051 4
2019£336,000 £3,550 2
2018£337,500 £2,370 2
2017£332,600 £2,610 5
2016£268,738 £2,383 4
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£218,332 £2,458 3
2005£259,620 £1,908 5
2004£211,498 £1,824 3
2003£162,167 £1,123 3
2002£159,000 £1,593 2
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
2023£100,0001
2021£490,749 £2,474 4
2019£131,167 £1,045 3
2018£172,500 £671 1
2017£42,500 £251 1

House Type in IP8 4BX area

The most common house types in the IP8 4BX 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 4BX 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