Lovetofts Drive - IP1 5LB
Key Postcode Insights
IP1 5LB is a residential postcode situated on Lovetofts Drive, Ipswich, IP1 with 14 addresses.
It ranks as the 399th largest and 317th most expensive of the 898 postcodes in the IP1 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £185,080
- 10 Year change
- up 32.1%
- Ave. Rental Price
- £1,038pcm
- 10 Year change
- up 59.1%
- Ave. £ per ft²
- £184/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
IP1 5LB is a residential postcode situated on Lovetofts Drive, Ipswich, IP1 with 14 addresses.
It ranks as the 399th largest and 317th most expensive of the 898 postcodes in the IP1 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £185,080
- 10 Year change
- up 32.1%
- Ave. Rental Price
- £1,038pcm
- 10 Year change
- up 59.1%
- Ave. £ per ft²
- £184/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin IP1 5LB
- 70 Lovetofts Drive
Unknown
- 72 Lovetofts Drive
3 Bed Mid-century House
- 74 Lovetofts Drive
3 Bed Early-century House
- 76 Lovetofts Drive
3 Bed Early-century House
- 78 Lovetofts Drive
Unknown
Sales Market Trends
The last sale in IP1 5LB sold for £191,000 on 13th January 2023. Since then prices are down an average of 5.4%.
The current average value in the postcode is £185,080.
The IP1 5LB Sales Market has increased by 32.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £185,080 |
| June 2025 | 1% | £188,341 |
| June 2024 | -3.8% | £186,409 |
| June 2023 | 1.9% | £193,700 |
| June 2022 | 10.1% | £190,117 |
| June 2021 | 5.2% | £172,681 |
| June 2020 | 1.2% | £164,180 |
| June 2019 | 2.2% | £162,308 |
| June 2018 | 5.9% | £158,821 |
| June 2017 | 7% | £150,018 |
| June 2016 | 9.4% | £140,138 |
| June 2015 | 6.2% | £128,063 |
| June 2014 | 8.5% | £120,535 |
| June 2013 | 3.2% | £111,131 |
| June 2012 | 1.6% | £107,679 |
| June 2011 | 0.1% | £105,990 |
| June 2010 | 8.7% | £105,914 |
| June 2009 | -13.8% | £97,426 |
| June 2008 | -5.6% | £113,052 |
| June 2007 | 0% | £119,722 |
Rental Market Trends
The current average rental value in the postcode is £1,038.
The IP1 5LB Rental Market has increased by 59.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,038pcm |
| June 2025 | 6.2% | £1,013pcm |
| June 2024 | 5.1% | £954pcm |
| June 2023 | 9.9% | £908pcm |
| June 2022 | 8.2% | £826pcm |
| June 2021 | 7.5% | £763pcm |
| June 2020 | 1.3% | £710pcm |
| June 2019 | 0.6% | £701pcm |
| June 2018 | 2.9% | £697pcm |
| June 2017 | 3.7% | £677pcm |
| June 2016 | 5.7% | £653pcm |
| June 2015 | 4.8% | £618pcm |
| June 2014 | 2.7% | £590pcm |
| June 2013 | 3.5% | £574pcm |
| June 2012 | 1.7% | £555pcm |
| June 2011 | 3.7% | £545pcm |
| June 2010 | 4.6% | £526pcm |
| June 2009 | -9.1% | £503pcm |
| June 2008 | 1.5% | £553pcm |
| June 2007 | 0% | £544pcm |
Sales History
The last sale was on 13th January 2023 for £191,000 and since then the market in the area has decreased by 5.4%. The postcode has had a total of 3 sales since 1995.
IP1 5LB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2023£191,000 | 3 Bed House82, Lovetofts Drive, Ipswich, IP1 5LB82, Lovetofts Drive, Ipswich, IP1 5LB
- Sold Sep 2010£107,000 | 3 Bed House72, Lovetofts Drive, Ipswich, IP1 5LB72, Lovetofts Drive, Ipswich, IP1 5LB
- Sold Oct 1998£51,000 | 3 Bed House80, Lovetofts Drive, Ipswich, IP1 5LB80, Lovetofts Drive, Ipswich, IP1 5LB
Nearby Postcodes
IP1 5LB is the 399th largest and the 317th most expensive postcode out of the 898 postcodes in the IP1 area.
- IP1 5LF, Kerry Avenue, Ipswich, IP1IP1 5LF26 Addresses|67 m away
- IP1 5LD, Kerry Avenue, Ipswich, IP1IP1 5LD24 Addresses|110 m away
- IP1 5LA, Antrim Road, Ipswich, IP1IP1 5LA13 Addresses|112 m away
- IP1 5PG, Lovetofts Drive, Ipswich, IP1IP1 5PG5 Addresses|121 m away
- IP1 5PQ, Daimler Road, Ipswich, IP1IP1 5PQ19 Addresses|131 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 4 early-century houses built between 1912 and 1935
- 7 other addresses of unknown type
- mid-century house (2)
- house (1)
- early-century house (4)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (2)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Apr 2026£287,000 | 3 Bed House99, Lovetofts Drive, Ipswich, IP1 5PG99, Lovetofts Drive, Ipswich, IP1 5PG
- Sold Dec 2024£250,000 | 3 Bed House108, Lovetofts Drive, Ipswich, IP1 5NB108, Lovetofts Drive, Ipswich, IP1 5NB
- Sold Aug 2021£230,000 | 3 Bed House40, Lovetofts Drive, Ipswich, IP1 5JZ40, Lovetofts Drive, Ipswich, IP1 5JZ
Schools Nearby
- Whitehouse Community Primary School300 m away
- The Beeches Community Primary School1.0 km away
- St Pancras Catholic Primary School1.1 km away
- Westbourne Academy400 m away
- Ormiston Endeavour Academy1.8 km away
- Claydon High School3.4 km away
More reading links
Public Transport Nearby
The closest station to IP1 5LB is Ipswich station, which is 3.4 kilometres away.
- Ipswich|3.4 km away
- Westerfield|3.5 km away
- Derby Road (Ipswich)|5.4 km away
- Needham Market|9.5 km away