Housing Market Analysis for IPSWICH ROAD, NR2 2LN

Are you looking to understand NR2 2LN 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 Norwich postcode.

For the location information and nearby amenities in the NR2 2LN area, explore the NR2 2LN Area information page.
For comprehensive crime statistics in the NR2 2LN area, explore the NR2 2LN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR2 2LN postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £550,000 median price is £600,000 Standard Deviation is £151,162 with Total Sold: 3
- The Last 5 Year average price is £600,000 with Total Sold: 1
- The most recent sale happened at this postcode is 23 IPSWICH ROAD: £600,000 (Sold on 29 Feb 2024)
- The first recorded sale happened at this postcode is 25 IPSWICH ROAD: £345,000 (Sold on 29 Nov 2002)
Detached
- The average price is around £340,175 median price is £306,250 Standard Deviation is £200,084 with Total Sold: 20
- The Last 5 Year average price is £620,625 with Total Sold: 4
- The most recent sale happened at this postcode is THE BUNGALOW, REAR OF, 21 IPSWICH ROAD: £455,000 (Sold on 25 Jun 2021)
- The first recorded sale happened at this postcode is 29 IPSWICH ROAD: £155,000 (Sold on 11 Jul 1995)
Flat
- The average price is around £203,786 median price is £227,500 Standard Deviation is £71,846 with Total Sold: 7
- The most recent sale happened at this postcode is 21A IPSWICH ROAD: £330,000 (Sold on 20 Nov 2018)
- The first recorded sale happened at this postcode is 21A IPSWICH ROAD: £125,000 (Sold on 18 Aug 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NR2 2LN 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£600,000		1
2019	£705,000	£2,733	1
2002	£345,000	£1,337	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£591,250	£3,083	2
2020	£650,000	£2,232	2
2019	£505,000	£3,855	1
2014	£195,000	£2,600	1
2013	£230,000		1
2012	£500,000	£1,953	1
2009	£385,000	£2,151	1
2006	£320,000		2
2003	£363,750		2
2001	£203,333	£447	3
1999	£170,000		1
1998	£125,000		1
1996	£78,500	£439	1
1995	£155,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£330,000	£3,028	1
2015	£238,500	£3,180	1
2013	£237,500	£1,905	1
2012	£227,500	£2,087	1
2005	£108,000		1
2004	£142,500	£1,215	2

All the Sales in the IPSWICH ROAD, NR2 2LN

See the table below for more details on the sold house prices in the NR2 2LN, Norwich postcode.

Address	Sold Date	Price	% Change
23 IPSWICH ROADSemi-Detached, Freehold	29 Feb 2024	£600,000	First Sale
THE BUNGALOW, REAR OF, 21 IPSWICH ROADDetached, Freehold	25 Jun 2021	£455,000	97.83%
THE BUNGALOW, REAR OF, 21 IPSWICH ROADDetached, Freehold	24 May 2013	£230,000	First Sale
47A IPSWICH ROADDetached, FreeholdArea: 236 Sq.mtrAge: 2003-2006	18 May 2021	£727,500	First Sale
31B IPSWICH ROADDetached, FreeholdArea: 179 Sq.mtrAge: 1976-1982	01 Apr 2020	£450,000	16.88%
	20 Oct 2009	£385,000	381.25%
	11 Sep 2001	£80,000	1.91%
	26 Apr 1996	£78,500	First Sale
17 IPSWICH ROADDetached, FreeholdArea: 436 Sq.mtrAge: before 1900	23 Mar 2020	£850,000	First Sale
37 IPSWICH ROADDetached, FreeholdArea: 131 Sq.mtrAge: 1930-1949	23 Dec 2019	£505,000	First Sale
25 IPSWICH ROADSemi-Detached, FreeholdArea: 258 Sq.mtrAge: 1900-1929	07 Feb 2019	£705,000	104.35%
	29 Nov 2002	£345,000	First Sale
21A IPSWICH ROADFlat, LeaseholdArea: 109 Sq.mtrAge: before 1900	20 Nov 2018	£330,000	45.05%
	15 Feb 2012	£227,500	82.00%
	18 Aug 2004	£125,000	First Sale
FLAT 2, 31A IPSWICH ROADFlat, LeaseholdArea: 75 Sq.mtrAge: 1967-1975	02 Apr 2015	£238,500	22.31%
	07 Oct 2014	£195,000	First Sale
21B IPSWICH ROADFlat, LeaseholdArea: 124.7 Sq.mtrAge: 1900-1929	05 Dec 2013	£237,500	48.44%
	26 Oct 2004	£160,000	First Sale
47 IPSWICH ROADDetached, FreeholdArea: 256 Sq.mtrAge: 1930-1949	13 Dec 2012	£500,000	First Sale
33 IPSWICH ROADDetached, Freehold	16 Aug 2006	£410,000	64.00%
33 IPSWICH ROADDetached, Freehold	26 Apr 2001	£250,000	First Sale
41 IPSWICH ROADDetached, Freehold	11 Apr 2006	£230,000	First Sale
FLAT 1, 31A IPSWICH ROADFlat, Leasehold	01 Jul 2005	£108,000	First Sale
29 IPSWICH ROADDetached, Freehold	04 Nov 2003	£332,500	114.52%
29 IPSWICH ROADDetached, Freehold	11 Jul 1995	£155,000	First Sale
19 IPSWICH ROADDetached, Freehold	02 Jun 2003	£395,000	132.35%
19 IPSWICH ROADDetached, Freehold	13 Dec 1999	£170,000	First Sale
49 IPSWICH ROADDetached, Freehold	01 Mar 2001	£280,000	First Sale
29A IPSWICH ROADDetached, Freehold	30 Jun 1998	£125,000	First Sale

Check out the sold house prices near the NR2 2LN postcode. Properties currently for saleProperties currently for rent

IPSWICH ROAD, NR2 2LN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR2 2LN 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 NR2 2LN postcode.

Flat
- The average price is around £130,733 median price is £125,000 Standard Deviation is £78,398 with Total Sold: 265
- The Last 5 Year average price is £172,333 with Total Sold: 30
- The most recent sale happened at this postcode is , 24 LAKENHAM ROAD: £160,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 16 LADY MARY ROAD: £35,000 (Sold on 24 Mar 1995)
Semi-Detached
- The average price is around £239,226 median price is £187,648 Standard Deviation is £207,976 with Total Sold: 336
- The Last 5 Year average price is £494,185 with Total Sold: 35
- The most recent sale happened at this postcode is , 66 PLANTSMAN CLOSE: £297,500 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 57 CECIL ROAD: £57,000 (Sold on 26 May 1995)
Detached
- The average price is around £357,289 median price is £300,000 Standard Deviation is £256,094 with Total Sold: 397
- The Last 5 Year average price is £641,830 with Total Sold: 50
- The most recent sale happened at this postcode is , 4 FAIRMILE CLOSE: £730,000 (Sold on 27 Mar 2024)
- The first recorded sale happened at this postcode is , 84 NEWMARKET ROAD: £248,000 (Sold on 04 Jan 1995)
Terraced
- The average price is around £238,270 median price is £186,000 Standard Deviation is £167,659 with Total Sold: 92
- The Last 5 Year average price is £302,804 with Total Sold: 18
- The most recent sale happened at this postcode is , 72 LAKENHAM ROAD: £240,000 (Sold on 15 Dec 2023)
- The first recorded sale happened at this postcode is , 45 GROVE WALK: £110,000 (Sold on 25 Aug 1995)
Other
- The average price is around £335,109 median price is £175,000 Standard Deviation is £544,921 with Total Sold: 7
- The Last 5 Year average price is £19,133 with Total Sold: 2
- The most recent sale happened at this postcode is , 19 LADY MARY ROAD: £19,866 (Sold on 16 Dec 2021)
- The first recorded sale happened at this postcode is , 14 IPSWICH ROAD: £1,650,000 (Sold on 12 Apr 2016)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£174,500		6
2023	£200,050	£2,999	10
2022	£143,500	£2,399	4
2021	£172,400	£3,280	5
2020	£137,300	£2,640	5
2019	£158,500	£2,388	5
2018	£173,562	£2,587	8
2017	£184,273	£2,651	11
2016	£253,562	£3,335	8
2015	£163,833	£2,612	6
2014	£157,054	£2,336	13
2013	£167,606	£2,044	9
2012	£171,643	£2,071	7
2011	£157,112	£2,036	10
2010	£173,125	£2,467	8
2009	£79,667	£1,700	3
2008	£156,900	£2,071	5
2007	£143,045	£2,184	12
2006	£137,200	£2,625	11
2005	£163,167	£2,432	6
2004	£137,390	£1,632	15
2003	£110,421	£2,899	7
2002	£100,382	£1,370	13
2001	£74,628	£1,139	10
2000	£75,479	£1,054	14
1999	£73,859	£999	11
1998	£47,852	£884	16
1997	£73,431	£835	8
1996	£56,177	£777	11
1995	£74,188	£784	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£312,083	£2,273	6
2023	£684,268	£4,237	8
2022	£733,562	£4,618	8
2021	£349,169	£3,027	8
2020	£257,600	£2,710	5
2019	£546,000	£3,316	10
2018	£356,909	£3,142	11
2017	£291,929	£2,774	12
2016	£374,394	£2,842	8
2015	£310,930	£2,698	10
2014	£305,150	£2,427	14
2013	£334,125	£3,148	8
2012	£237,286	£1,998	14
2011	£243,659	£2,240	9
2010	£205,857	£1,869	7
2009	£215,993	£2,076	7
2008	£247,312	£1,828	8
2007	£235,289	£2,097	16
2006	£264,502	£2,128	16
2005	£197,392	£1,836	14
2004	£207,562	£1,916	8
2003	£208,891	£1,739	11
2002	£170,800	£1,388	10
2001	£131,637	£1,108	16
2000	£86,786	£798	19
1999	£94,032	£711	22
1998	£83,700	£725	16
1997	£92,168	£664	14
1996	£107,288	£747	12
1995	£59,011	£283	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£730,000	£5,105	1
2023	£771,611	£4,820	9
2022	£847,833	£4,633	9
2021	£596,913	£3,726	17
2020	£474,214	£3,199	14
2019	£461,764	£3,390	10
2018	£517,083	£3,743	12
2017	£460,417	£3,829	6
2016	£525,112	£3,450	14
2015	£477,745	£2,830	10
2014	£451,550	£2,822	10
2013	£407,472	£2,783	18
2012	£341,458	£2,375	12
2011	£372,799	£2,248	12
2010	£324,841	£2,644	15
2009	£383,833	£2,321	12
2008	£621,250		2
2007	£445,954	£2,234	12
2006	£446,214	£2,185	22
2005	£363,563	£2,320	15
2004	£275,611	£1,697	9
2003	£274,898	£1,804	20
2002	£242,057	£1,566	25
2001	£215,877	£1,170	24
2000	£233,642	£1,293	12
1999	£149,312	£997	16
1998	£129,010	£851	15
1997	£119,838	£850	17
1996	£150,457	£655	14
1995	£137,846	£640	13

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£382,920	£3,345	5
2022	£245,574	£2,962	5
2021	£438,333	£3,417	3
2020	£198,600	£3,069	5
2019	£187,500	£3,178	2
2018	£453,900	£3,789	1
2017	£207,000	£2,300	2
2016	£484,500	£3,065	3
2015	£259,194	£2,415	8
2014	£352,600	£2,093	5
2013	£347,667	£2,104	3
2011	£262,242	£2,184	6
2010	£213,750	£1,820	2
2009	£236,500	£2,286	2
2008	£210,500		2
2007	£240,000		2
2006	£222,988	£1,815	4
2005	£465,000	£2,508	1
2004	£107,750	£1,145	4
2003	£345,000	£1,554	1
2002	£317,000	£1,662	2
2001	£121,983	£1,260	3
2000	£161,209	£851	5
1999	£130,817		3
1998	£115,000	£625	2
1997	£109,400	£686	5
1996	£71,175	£506	4
1995	£63,200	£213	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£19,866	£397	1
2020	£18,400	£260	1
2019	£25,500	£342	1
2018	£282,000	£3,169	1
2017	£175,000	£2,966	2
2016	£1,650,000		1

House Type in NR2 2LN area

The most common house types in the NR2 2LN postcode area are Detached (50), Semi-detached (38), and Terraced (17).

Total	124
Detached	50
Semi-detached	38
Terraced	17
Shared house	17
Flat	1
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (75), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright	75
Owned: Owns with a mortgage or loan	30
Private rented: Private landlord or letting agency	18
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	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 NR2 2LN have 2 people in household (49), and 1 person in household (32).

2 people in household	49
1 person in household	32
3 people in household	23
4 people in household	13
5 people in household	5
8 or more people in household	1
0 people in household	0
6 people in household	0
7 people in household	0