Penzance Road - IP5 1LG
Key Postcode Insights
IP5 1LG is a residential postcode situated on Penzance Road, Kesgrave, Ipswich, IP5 with 13 addresses.
It ranks as the 609th largest and 965th 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 13 properties: 13 houses.
- Ave. Sale Price
- £381,955
- 10 Year change
- up 26.9%
- Ave. Rental Price
- £1,452pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £364/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
IP5 1LG is a residential postcode situated on Penzance Road, Kesgrave, Ipswich, IP5 with 13 addresses.
It ranks as the 609th largest and 965th 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 13 properties: 13 houses.
- Ave. Sale Price
- £381,955
- 10 Year change
- up 26.9%
- Ave. Rental Price
- £1,452pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £364/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin IP5 1LG
- 53A Penzance Road
4 Bed Mid-century House
- 55 Penzance Road
Unknown
- 57 Penzance Road
Unknown
- 59 Penzance Road
4 Bed Mid-century House
- 61 Penzance Road
Unknown
Sales Market Trends
The last sale in IP5 1LG sold for £344,000 on 22nd March 2021. Since then prices are up an average of 7.7%.
The current average value in the postcode is £381,955.
The IP5 1LG Sales Market has increased by 26.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.2% | £381,955 |
| June 2025 | 0.8% | £390,701 |
| June 2024 | -3.7% | £387,432 |
| June 2023 | 0.6% | £402,322 |
| June 2022 | 10.2% | £400,013 |
| June 2021 | 7.3% | £362,971 |
| June 2020 | 0.2% | £338,418 |
| June 2019 | 1.2% | £337,835 |
| June 2018 | 3.2% | £333,843 |
| June 2017 | 7.5% | £323,530 |
| June 2016 | 7.2% | £300,983 |
| June 2015 | 8.8% | £280,789 |
| June 2014 | 8.1% | £258,021 |
| June 2013 | 2% | £238,688 |
| June 2012 | 2.3% | £234,107 |
| June 2011 | -0.3% | £228,813 |
| June 2010 | 12.7% | £229,532 |
| June 2009 | -12.3% | £203,693 |
| June 2008 | -5.7% | £232,207 |
| June 2007 | 0% | £246,151 |
Rental Market Trends
The current average rental value in the postcode is £1,452.
The IP5 1LG Rental Market has increased by 53.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,452pcm |
| June 2025 | 5.1% | £1,424pcm |
| June 2024 | 5.3% | £1,355pcm |
| June 2023 | 7% | £1,286pcm |
| June 2022 | 9.3% | £1,202pcm |
| June 2021 | 6.4% | £1,099pcm |
| June 2020 | 2.2% | £1,033pcm |
| June 2019 | 1.2% | £1,010pcm |
| June 2018 | 2.3% | £999pcm |
| June 2017 | 2.8% | £976pcm |
| June 2016 | 4.8% | £949pcm |
| June 2015 | 5.1% | £906pcm |
| June 2014 | 2.6% | £862pcm |
| June 2013 | 1.9% | £840pcm |
| June 2012 | 2.5% | £825pcm |
| June 2011 | 4.3% | £805pcm |
| June 2010 | 4.7% | £772pcm |
| June 2009 | -6.7% | £737pcm |
| June 2008 | 1.9% | £790pcm |
| June 2007 | 0% | £775pcm |
Sales History
The last sale was on 22nd March 2021 for £344,000 and since then the market in the area has increased by 7.7%. The postcode has had a total of 12 sales since 1995.
IP5 1LG has seen no sales in the last three years and no sales in the last twelve months.
- Sold Mar 2021£344,000 | 3 Bed House75, Penzance Road, Ipswich, IP5 1LG75, Penzance Road, Ipswich, IP5 1LG
- Sold Mar 2020£280,000 | 3 Bed House67, Penzance Road, Ipswich, IP5 1LG67, Penzance Road, Ipswich, IP5 1LG
- Sold Nov 2014£237,500 | 3 Bed House77, Penzance Road, Ipswich, IP5 1LG77, Penzance Road, Ipswich, IP5 1LG
- Sold Nov 2014£365,000 | 4 Bed House59, Penzance Road, Ipswich, IP5 1LG59, Penzance Road, Ipswich, IP5 1LG
- Sold Jul 2014£245,000 | 4 Bed House53A, Penzance Road, Ipswich, IP5 1LG53A, Penzance Road, Ipswich, IP5 1LG
Nearby Postcodes
IP5 1LG is the 609th largest and the 965th most expensive postcode out of the 1,345 postcodes in the IP5 area.
- IP5 1JU, Penzance Road, Kesgrave, Ipswich, IP5IP5 1JU27 Addresses|53 m away
- IP5 1LL, Truro Crescent, Kesgrave, Ipswich, IP5IP5 1LL10 Addresses|70 m away
- IP5 1LS, St. Ives Close, Kesgrave, Ipswich, IP5IP5 1LS8 Addresses|82 m away
- IP5 1LW, Padstow Road, Kesgrave, Ipswich, IP5IP5 1LW10 Addresses|113 m away
- IP5 1EZ, Cedar Avenue, Kesgrave, Ipswich, IP5IP5 1EZ29 Addresses|116 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 6 other addresses of unknown type
- mid-century house (6)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (6)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Dec 2022£542,500 | 4 Bed House39, Penzance Road, Ipswich, IP5 1LU39, Penzance Road, Ipswich, IP5 1LU
- Sold Oct 2018£505,000 | 5 Bed House26, Penzance Road, Ipswich, IP5 1JS26, Penzance Road, Ipswich, IP5 1JS
- Sold Mar 2026£475,000 | 3 Bed House6, Penzance Road, Ipswich, IP5 1JW6, Penzance Road, Ipswich, IP5 1JW
Schools Nearby
- Heath Primary School, Kesgrave800 m away
- Cedarwood Primary School1.1 km away
- Broke Hall Community Primary School1.4 km away
- Kesgrave High School1.6 km away
- St Alban's Catholic High School1.9 km away
- Copleston High School2.2 km away
More reading links
Public Transport Nearby
The closest station to IP5 1LG is Derby Road (Ipswich) station, which is 3.1 kilometres away.
- Derby Road (Ipswich)|3.1 km away
- Westerfield|4.8 km away
- Ipswich|5.6 km away
- Woodbridge|7.3 km away
