IP22 1HY is a residential postcode situated on Chapel Road, Hinderclay, Diss, IP22 with 3 addresses.
It ranks as the 119th largest and 722nd most expensive of the 820 postcodes in the IP22 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
IP22 1HY is a residential postcode situated on Chapel Road, Hinderclay, Diss, IP22 with 3 addresses.
It ranks as the 119th largest and 722nd most expensive of the 820 postcodes in the IP22 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
Sale prices range from £548,998 for 4 bedroom freehold houses with a garden (1,786 ft2) to £569,529 for 4 bedroom freehold houses with a garden (1,915 ft2) .
Monthly rental prices range from £1,239 pcm for 4 bed houses to £1,249 pcm for 4 bed houses.
The gross rental yield is between 2.6% and 2.7%.
The average value per square foot is £307.
The last sale in IP22 1HY sold for £575,000 on 3rd October 2024. Since then prices are down an average of 3.7%.
The current average value in the postcode is £555,842.
The IP22 1HY Sales Market has increased by 30.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.4% | £555,842 |
| April 2025 | -0.6% | £569,351 |
| April 2024 | -4.8% | £572,798 |
| April 2023 | 3.3% | £601,639 |
| April 2022 | 11.5% | £582,544 |
| April 2021 | 8.3% | £522,266 |
| April 2020 | -1.1% | £482,325 |
| April 2019 | 1.8% | £487,570 |
| April 2018 | 4.2% | £478,720 |
| April 2017 | 7.9% | £459,546 |
| April 2016 | 7.9% | £425,794 |
| April 2015 | 5.6% | £394,527 |
| April 2014 | 7.4% | £373,636 |
| April 2013 | 2% | £347,993 |
| April 2012 | 1.8% | £341,065 |
| April 2011 | -0.2% | £335,122 |
| April 2010 | 8.1% | £335,891 |
| April 2009 | -12% | £310,750 |
| April 2008 | 2.6% | £353,103 |
| April 2007 | 0% | £344,226 |
The current average rental value in the postcode is £1,243.
The IP22 1HY Rental Market has increased by 52.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,243pcm |
| April 2025 | 4.9% | £1,210pcm |
| April 2024 | 5.9% | £1,153pcm |
| April 2023 | 9.4% | £1,089pcm |
| April 2022 | 6.8% | £996pcm |
| April 2021 | 6.8% | £933pcm |
| April 2020 | 0.9% | £873pcm |
| April 2019 | 0.7% | £865pcm |
| April 2018 | 2.6% | £859pcm |
| April 2017 | 3% | £837pcm |
| April 2016 | 5.6% | £813pcm |
| April 2015 | 5.1% | £771pcm |
| April 2014 | 1.8% | £733pcm |
| April 2013 | 2.1% | £720pcm |
| April 2012 | 3.2% | £705pcm |
| April 2011 | 2% | £683pcm |
| April 2010 | 4% | £670pcm |
| April 2009 | -6.7% | £644pcm |
| April 2008 | 6.8% | £690pcm |
| April 2007 | 0% | £647pcm |
The last sale was on 3rd October 2024 for £575,000 and since then the market in the area has decreased by 3.7%. The postcode has had a total of 4 sales since 1995.
IP22 1HY has seen 1 sale in the last three years and no sales in the last twelve months.
IP22 1HY is the 119th largest and the 722nd most expensive postcode out of the 820 postcodes in the IP22 area.
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The closest station to IP22 1HY is Diss station which is 11.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around IP22 1HY, 48.8% of property is privately owned outright and 31.7% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around IP22 1HY, 15.4% of residents are recorded as possessing school level qualifications and 26.1% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around IP22 1HY, the average age was 47.4 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around IP22 1HY, 0.6% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around IP22 1HY, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.