Housing Market Analysis for PAPER MILL LANE, IP8 4BY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £109,299 median price is £59,995 Standard Deviation is £76,571 with Total Sold: 5
    • The Last 5 Year average price is £210,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 149 PAPER MILL LANE: £210,000 (Sold on 01 Feb 2021)
    • The first recorded sale happened at this postcode is 153 PAPER MILL LANE: £41,500 (Sold on 25 Aug 1995)
  • Detached
    • The average price is around £121,667 median price is £90,000 Standard Deviation is £63,289 with Total Sold: 3
    • The Last 5 Year average price is £210,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 149 PAPER MILL LANE: £210,000 (Sold on 01 Feb 2021)
    • The first recorded sale happened at this postcode is 147 PAPER MILL LANE: £65,000 (Sold on 31 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IP8 4BY 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£210,000 £2,958 1
2004£195,0001
1999£49,998 £678 2
1995£41,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£210,000 £2,958 1
2000£90,0001
1997£65,0001

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

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

AddressSold DatePrice% Change
149 PAPER MILL LANESemi-Detached, FreeholdArea: 71 Sq.mtrAge: before 190001 Feb 2021£210,0000.0
01 Feb 2021£210,000First Sale
153 PAPER MILL LANESemi-Detached, Freehold07 Sep 2004£195,000225.03%
10 Sep 1999£59,99544.57%
25 Aug 1995£41,500First Sale
147 PAPER MILL LANEDetached, Freehold20 Apr 2000£90,00038.46%
31 Jan 1997£65,000First Sale
155 PAPER MILL LANESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1930-194923 Jul 1999£40,000First Sale

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

PAPER MILL LANE, IP8 4BY Near By properties

Interactive Map

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

  • Flat
    • The average price is around £171,062 median price is £165,000 Standard Deviation is £18,109 with Total Sold: 16
    • The Last 5 Year average price is £179,900 with Total Sold: 5
    • The most recent sale happened at this postcode is 10, ACORN HOUSE PAPER MILL LANE: £200,000 (Sold on 21 Apr 2023)
    • The first recorded sale happened at this postcode is 2, ACORN HOUSE PAPER MILL LANE: £159,995 (Sold on 08 Jul 2016)
  • Semi-Detached
    • The average price is around £178,250 median price is £187,750 Standard Deviation is £119,043 with Total Sold: 12
    • The Last 5 Year average price is £275,667 with Total Sold: 3
    • 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 , 153 PAPER MILL LANE: £41,500 (Sold on 25 Aug 1995)
  • Other
    • The average price is around £108,250 median price is £80,500 Standard Deviation is £92,996 with Total Sold: 4
    • The Last 5 Year average price is £140,333 with Total Sold: 3
    • 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 2, ACORN HOUSE PAPER MILL LANE: £12,000 (Sold on 10 Aug 2015)
  • Detached
    • The average price is around £190,046 median price is £181,500 Standard Deviation is £129,051 with Total Sold: 12
    • The Last 5 Year average price is £360,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 149 PAPER MILL LANE: £210,000 (Sold on 01 Feb 2021)
    • 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 £229,950 median price is £203,500 Standard Deviation is £78,472 with Total Sold: 10
    • The Last 5 Year average price is £197,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 12, ACORN HOUSE PAPER MILL LANE: £197,000 (Sold on 20 Dec 2019)
    • 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:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£190,000 £2,467 2
2022£187,500 £2,460 2
2020£144,500 £1,806 1
2018£153,000 £2,468 1
2017£154,750 £2,320 2
2016£171,873 £2,166 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£197,0001
2021£315,000 £2,834 2
2010£325,000 £2,389 1
2006£180,5001
2005£300,0001
2004£195,0001
1999£77,332 £824 3
1996£38,0001
1995£41,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£100,0001
2021£260,000 £2,989 1
2019£61,0001
2015£12,000 £150 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£210,000 £2,958 1
2020£511,5001
2017£170,0001
2011£150,500 £2,508 1
2010£288,500 £2,454 2
2000£90,0001
1999£193,0001
1998£222,000 £663 1
1997£65,0001
1995£45,775 £763 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£197,000 £2,239 1
2018£212,500 £2,443 1
2017£202,000 £2,249 5
2016£207,500 £2,372 2
2015£465,0001

House Type in IP8 4BY area

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