Penryn Road - IP5 1LB
Key Postcode Insights
IP5 1LB is a residential postcode situated on Penryn Road, Kesgrave, Ipswich, IP5 with 29 addresses.
It ranks as the 1048th largest and 682nd most expensive of the 1,345 postcodes in the IP5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 29 properties: 29 houses.
- Ave. Sale Price
- £306,166
- 10 Year change
- up 26.9%
- Ave. Rental Price
- £1,362pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £334/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
IP5 1LB is a residential postcode situated on Penryn Road, Kesgrave, Ipswich, IP5 with 29 addresses.
It ranks as the 1048th largest and 682nd most expensive of the 1,345 postcodes in the IP5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 29 properties: 29 houses.
- Ave. Sale Price
- £306,166
- 10 Year change
- up 26.9%
- Ave. Rental Price
- £1,362pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £334/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin IP5 1LB
- 20 Penryn Road
Unknown
- 22 Penryn Road
Unknown
- 24 Penryn Road
3 Bed Mid-century House
- 26 Penryn Road
Unknown
- 28 Penryn Road
3 Bed Mid-century House
Sales Market Trends
The last sale in IP5 1LB sold for £415,000 on 24th April 2026. Since then prices are up an average of 1.9%.
The current average value in the postcode is £306,166.
The IP5 1LB Sales Market has increased by 26.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.2% | £306,166 |
| June 2025 | 0.8% | £313,176 |
| June 2024 | -3.7% | £310,556 |
| June 2023 | 0.6% | £322,491 |
| June 2022 | 10.2% | £320,640 |
| June 2021 | 7.3% | £290,949 |
| June 2020 | 0.2% | £271,267 |
| June 2019 | 1.2% | £270,800 |
| June 2018 | 3.2% | £267,600 |
| June 2017 | 7.5% | £259,333 |
| June 2016 | 7.2% | £241,260 |
| June 2015 | 8.8% | £225,073 |
| June 2014 | 8.1% | £206,823 |
| June 2013 | 2% | £191,326 |
| June 2012 | 2.3% | £187,654 |
| June 2011 | -0.3% | £183,410 |
| June 2010 | 12.7% | £183,987 |
| June 2009 | -12.3% | £163,275 |
| June 2008 | -5.7% | £186,132 |
| June 2007 | 0% | £197,309 |
Rental Market Trends
The current average rental value in the postcode is £1,362.
The IP5 1LB Rental Market has increased by 53.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,362pcm |
| June 2025 | 5.1% | £1,336pcm |
| June 2024 | 5.3% | £1,271pcm |
| June 2023 | 7% | £1,206pcm |
| June 2022 | 9.3% | £1,127pcm |
| June 2021 | 6.4% | £1,031pcm |
| June 2020 | 2.2% | £969pcm |
| June 2019 | 1.2% | £947pcm |
| June 2018 | 2.3% | £937pcm |
| June 2017 | 2.8% | £915pcm |
| June 2016 | 4.8% | £890pcm |
| June 2015 | 5.1% | £849pcm |
| June 2014 | 2.6% | £808pcm |
| June 2013 | 1.9% | £788pcm |
| June 2012 | 2.5% | £773pcm |
| June 2011 | 4.3% | £755pcm |
| June 2010 | 4.7% | £724pcm |
| June 2009 | -6.7% | £691pcm |
| June 2008 | 1.9% | £741pcm |
| June 2007 | 0% | £727pcm |
Sales History
The last sale was on 24th April 2026 for £415,000 and since then the market in the area has increased by 1.9%. The postcode has had a total of 28 sales since 1995.
IP5 1LB has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Apr 2026£415,000 | 3 Bed House53, Penryn Road, Ipswich, IP5 1LB53, Penryn Road, Ipswich, IP5 1LB
- Sold Apr 2025£293,000 | 3 Bed House44, Penryn Road, Ipswich, IP5 1LB44, Penryn Road, Ipswich, IP5 1LB
- Sold Mar 2023£265,500 | 3 Bed House60, Penryn Road, Ipswich, IP5 1LB60, Penryn Road, Ipswich, IP5 1LB
- Sold Feb 2021£320,000 | 3 Bed House47, Penryn Road, Ipswich, IP5 1LB47, Penryn Road, Ipswich, IP5 1LB
- Sold Sep 2020£247,500 | 3 Bed House24, Penryn Road, Ipswich, IP5 1LB24, Penryn Road, Ipswich, IP5 1LB
Nearby Postcodes
IP5 1LB is the 1048th largest and the 682nd most expensive postcode out of the 1,345 postcodes in the IP5 area.
- IP5 1HA, Cedar Avenue, Kesgrave, Ipswich, IP5IP5 1HA21 Addresses|85 m away
- IP5 1EJ, Orchard Grove, Kesgrave, Ipswich, IP5IP5 1EJ35 Addresses|106 m away
- IP5 1JY, St. Austell Close, Kesgrave, Ipswich, IP5IP5 1JY17 Addresses|111 m away
- IP5 1LA, Penryn Road, Kesgrave, Ipswich, IP5IP5 1LA19 Addresses|112 m away
- IP5 1EH, Orchard Grove, Kesgrave, Ipswich, IP5IP5 1EH14 Addresses|142 m away
Property Types
- 14 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 14 other addresses of unknown type
- mid-century house (14)
- house (1)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (1)
- F (0)
- C (3)
- G (0)
- D (6)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Apr 2026£415,000 | 3 Bed House53, Penryn Road, Ipswich, IP5 1LB53, Penryn Road, Ipswich, IP5 1LB
- Sold Nov 2021£375,000 | 4 Bed House37, Penryn Road, Ipswich, IP5 1LA37, Penryn Road, Ipswich, IP5 1LA
- Sold Oct 2018£334,000 | 3 Bed House55, Penryn Road, Ipswich, IP5 1LB55, Penryn Road, Ipswich, IP5 1LB
Schools Nearby
- Heath Primary School, Kesgrave700 m away
- Cedarwood Primary School1.2 km away
- Broke Hall Community Primary School1.4 km away
- Kesgrave High School1.6 km away
- St Alban's Catholic High School1.7 km away
- Copleston High School2.1 km away
More reading links
Public Transport Nearby
The closest station to IP5 1LB is Derby Road (Ipswich) station, which is 3.0 kilometres away.
- Derby Road (Ipswich)|3.0 km away
- Westerfield|4.6 km away
- Ipswich|5.6 km away
- Woodbridge|7.2 km away