Mill Lane - IP12 3PZ
Key Postcode Insights
IP12 3PZ is a residential postcode situated on Mill Lane, Butley, Woodbridge, IP12 with 4 addresses.
It ranks as the 287th largest and 433rd most expensive of the 963 postcodes in the IP12 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £368,826
- 10 Year change
- up 26.0%
- Ave. Rental Price
- £1,651pcm
- 10 Year change
- up 55.1%
- Ave. £ per ft²
- £162/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
IP12 3PZ is a residential postcode situated on Mill Lane, Butley, Woodbridge, IP12 with 4 addresses.
It ranks as the 287th largest and 433rd most expensive of the 963 postcodes in the IP12 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £368,826
- 10 Year change
- up 26.0%
- Ave. Rental Price
- £1,651pcm
- 10 Year change
- up 55.1%
- Ave. £ per ft²
- £162/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin IP12 3PZ
- Butley Mill
5 Bed Period House
- Lowlands
4 Bed House
- Mill House
5 Bed Period House
- Millers Bungalow
5 Bed Modern House
Sales Market Trends
The last sale in IP12 3PZ sold for £500,000 on 16th June 2023. Since then prices are down an average of 7.1%.
The current average value in the postcode is £368,826.
The IP12 3PZ Sales Market has increased by 26.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £368,826 |
| June 2025 | 1.1% | £384,823 |
| June 2024 | -3.7% | £380,757 |
| June 2023 | -0.3% | £395,296 |
| June 2022 | 10.7% | £396,386 |
| June 2021 | 8.9% | £358,091 |
| June 2020 | 1.8% | £328,825 |
| June 2019 | 0% | £322,896 |
| June 2018 | 5.1% | £322,935 |
| June 2017 | 4.9% | £307,146 |
| June 2016 | 8.3% | £292,664 |
| June 2015 | 7.5% | £270,139 |
| June 2014 | 4.3% | £251,389 |
| June 2013 | 2.1% | £241,103 |
| June 2012 | -0.9% | £236,059 |
| June 2011 | 2.1% | £238,200 |
| June 2010 | 8.1% | £233,229 |
| June 2009 | -5.4% | £215,713 |
| June 2008 | 1.2% | £228,039 |
| June 2007 | 0% | £225,242 |
Rental Market Trends
The current average rental value in the postcode is £1,651.
The IP12 3PZ Rental Market has increased by 55.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,651pcm |
| June 2025 | 6.3% | £1,622pcm |
| June 2024 | 4.8% | £1,525pcm |
| June 2023 | 6.7% | £1,456pcm |
| June 2022 | 9.9% | £1,365pcm |
| June 2021 | 5.8% | £1,242pcm |
| June 2020 | 4.1% | £1,174pcm |
| June 2019 | 0.6% | £1,128pcm |
| June 2018 | 1.6% | £1,121pcm |
| June 2017 | 3.6% | £1,103pcm |
| June 2016 | 5.3% | £1,065pcm |
| June 2015 | 4.8% | £1,011pcm |
| June 2014 | 3.1% | £965pcm |
| June 2013 | 2% | £936pcm |
| June 2012 | 3.3% | £918pcm |
| June 2011 | 3.9% | £888pcm |
| June 2010 | 4.4% | £855pcm |
| June 2009 | -5.6% | £818pcm |
| June 2008 | 1.4% | £867pcm |
| June 2007 | 0% | £855pcm |
Sales History
The last sale was on 16th June 2023 for £500,000 and since then the market in the area has decreased by 7.1%. The postcode has had a total of 5 sales since 1995.
IP12 3PZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2023£500,000 | 4 Bed HouseLowlands, Mill Lane, Woodbridge, IP12 3PZLowlands, Mill Lane, Woodbridge, IP12 3PZ
- Sold Aug 2022£110,000 | 4 Bed HouseLowlands, Mill Lane, Woodbridge, IP12 3PZLowlands, Mill Lane, Woodbridge, IP12 3PZ
- Sold Apr 2021£390,000 | 5 Bed HouseMill House, Mill Lane, Woodbridge, IP12 3PZMill House, Mill Lane, Woodbridge, IP12 3PZ
- Sold Jun 2016£350,000 | 5 Bed HouseMill House, Mill Lane, Woodbridge, IP12 3PZMill House, Mill Lane, Woodbridge, IP12 3PZ
- Sold Jun 2014£165,000 | 5 Bed HouseMill House, Mill Lane, Woodbridge, IP12 3PZMill House, Mill Lane, Woodbridge, IP12 3PZ
Nearby Postcodes
IP12 3PZ is the 287th largest and the 433rd most expensive postcode out of the 963 postcodes in the IP12 area.
- IP12 3PS, Chillesford, Woodbridge, IP12IP12 3PS15 Addresses|548 m away
- IP12 3SD, Hertfords Place, Chillesford, Woodbridge, IP12IP12 3SD4 Addresses|606 m away
- IP12 3PU, The Street, Chillesford, Woodbridge, IP12IP12 3PU16 Addresses|675 m away
- IP12 3PT, Pedlars Lane, Chillesford, Woodbridge, IP12IP12 3PT5 Addresses|681 m away
- IP12 3QA, Butley, Woodbridge, IP12IP12 3QA1 Addresses|889 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 1 house of an unknown age
- period house (2)
- modern house (1)
- house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold May 2023£950,000 | 4 Bed HouseButley Barn, Mill Lane, Woodbridge, IP12 3PAButley Barn, Mill Lane, Woodbridge, IP12 3PA
- Sold Jun 2023£500,000 | 4 Bed HouseLowlands, Mill Lane, Woodbridge, IP12 3PZLowlands, Mill Lane, Woodbridge, IP12 3PZ
- Sold Apr 2024£415,000 | 4 Bed HousePottery Barn, Mill Lane, Woodbridge, IP12 3PAPottery Barn, Mill Lane, Woodbridge, IP12 3PA
Schools Nearby
- Orford Church of England Primary School and Nursery3.7 km away
- Rendlesham Primary School5.0 km away
- Eyke Church of England Primary School6.8 km away
- Farlingaye High School12.2 km away
- Alde Valley Academy12.4 km away
- Thomas Mills High School & Sixth Form16.7 km away
More reading links
Public Transport Nearby
The closest station to IP12 3PZ is Wickham Market station, which is 7.2 kilometres away.
- Wickham Market|7.2 km away
- Melton (Suffolk)|9.8 km away
- Woodbridge|11.4 km away
- Saxmundham|11.5 km away
