Mill Lane - IP8 4PA
Key Postcode Insights
IP8 4PA is a residential postcode situated on Mill Lane, Lower Somersham, Ipswich, IP8 with 27 addresses.
It ranks as the 403rd largest and 43rd most expensive of the 457 postcodes in the IP8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 27 properties: 27 houses.
- Ave. Sale Price
- £247,487
- 10 Year change
- up 25.6%
- Ave. Rental Price
- £1,335pcm
- 10 Year change
- up 57.0%
- Ave. £ per ft²
- £359/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
IP8 4PA is a residential postcode situated on Mill Lane, Lower Somersham, Ipswich, IP8 with 27 addresses.
It ranks as the 403rd largest and 43rd most expensive of the 457 postcodes in the IP8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 27 properties: 27 houses.
- Ave. Sale Price
- £247,487
- 10 Year change
- up 25.6%
- Ave. Rental Price
- £1,335pcm
- 10 Year change
- up 57.0%
- Ave. £ per ft²
- £359/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin IP8 4PA
- Annexe
Unknown
- Cobb Cottage
4 Bed Modern House
- Fieldside
5 Bed Mid-century House
- Hawthorns
Unknown
- Millfortes
Unknown
Sales Market Trends
The last sale in IP8 4PA sold for £213,000 on 16th December 2019. Since then prices are up an average of 15.0%.
The current average value in the postcode is £247,487.
The IP8 4PA Sales Market has increased by 25.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £247,487 |
| June 2025 | 0.7% | £254,679 |
| June 2024 | -3.7% | £252,988 |
| June 2023 | 1% | £262,792 |
| June 2022 | 9.8% | £260,259 |
| June 2021 | 7.6% | £236,948 |
| June 2020 | 2.5% | £220,211 |
| June 2019 | -0.7% | £214,874 |
| June 2018 | 3.3% | £216,285 |
| June 2017 | 6.2% | £209,345 |
| June 2016 | 8% | £197,049 |
| June 2015 | 8.3% | £182,497 |
| June 2014 | 7.5% | £168,521 |
| June 2013 | 3.6% | £156,730 |
| June 2012 | 2.2% | £151,295 |
| June 2011 | 1% | £148,005 |
| June 2010 | 8.5% | £146,598 |
| June 2009 | -12.5% | £135,173 |
| June 2008 | -1.4% | £154,512 |
| June 2007 | 0% | £156,672 |
Rental Market Trends
The current average rental value in the postcode is £1,335.
The IP8 4PA Rental Market has increased by 57.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,335pcm |
| June 2025 | 5.8% | £1,305pcm |
| June 2024 | 5.1% | £1,233pcm |
| June 2023 | 8.9% | £1,174pcm |
| June 2022 | 8.7% | £1,078pcm |
| June 2021 | 8% | £992pcm |
| June 2020 | 0.6% | £919pcm |
| June 2019 | 1.4% | £913pcm |
| June 2018 | 2.6% | £901pcm |
| June 2017 | 3.2% | £877pcm |
| June 2016 | 5.2% | £850pcm |
| June 2015 | 5% | £808pcm |
| June 2014 | 2.9% | £770pcm |
| June 2013 | 3.2% | £748pcm |
| June 2012 | 1.4% | £725pcm |
| June 2011 | 3.9% | £715pcm |
| June 2010 | 3.3% | £688pcm |
| June 2009 | -5.6% | £666pcm |
| June 2008 | 2.8% | £705pcm |
| June 2007 | 0% | £686pcm |
Sales History
The last sale was on 16th December 2019 for £213,000 and since then the market in the area has increased by 15.0%. The postcode has had a total of 4 sales since 1995.
IP8 4PA has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2019£213,000 | 3 Bed House4, Mill Lane, Ipswich, IP8 4PA4, Mill Lane, Ipswich, IP8 4PA
- Sold Jul 2002£90,000 | 3 Bed House4, Mill Lane, Ipswich, IP8 4PA4, Mill Lane, Ipswich, IP8 4PA
- Sold Oct 1997£125,000 | 4 Bed HouseHawthorns, Mill Lane, Ipswich, IP8 4PAHawthorns, Mill Lane, Ipswich, IP8 4PA
- Sold Jun 1995£27,787 | 2 Bed House11, Mill Lane, Ipswich, IP8 4PA11, Mill Lane, Ipswich, IP8 4PA
Nearby Postcodes
IP8 4PA is the 403rd largest and the 43rd most expensive postcode out of the 457 postcodes in the IP8 area.
- IP8 4DJ, Mill Lane, Lower Somersham, Ipswich, IP8IP8 4DJ4 Addresses|54 m away
- IP8 4BQ, Windmill Close, Lower Somersham, Ipswich, IP8IP8 4BQ6 Addresses|77 m away
- IP8 4PQ, Springfield Road, Lower Somersham, Ipswich, IP8IP8 4PQ41 Addresses|96 m away
- IP8 4QB, Stocks Hill, Lower Somersham, Ipswich, IP8IP8 4QB2 Addresses|104 m away
- IP8 4PB, Lower Somersham, Ipswich, IP8IP8 4PB8 Addresses|110 m away
Property Types
- 1 modern house built after 1980
- 12 mid-century houses built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 12 other addresses of unknown type
- modern house (1)
- mid-century house (12)
- early-century house (2)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (10)
- G (0)
- D (3)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Dec 2019£213,000 | 3 Bed House4, Mill Lane, Ipswich, IP8 4PA4, Mill Lane, Ipswich, IP8 4PA
- Sold Oct 1997£125,000 | 4 Bed HouseHawthorns, Mill Lane, Ipswich, IP8 4PAHawthorns, Mill Lane, Ipswich, IP8 4PA
- Sold Jul 2002£90,000 | 3 Bed House4, Mill Lane, Ipswich, IP8 4PA4, Mill Lane, Ipswich, IP8 4PA
Schools Nearby
- Somersham Primary School400 m away
- Elmsett Church of England Primary School3.3 km away
- Bramford Church of England Voluntary Controlled Primary School4.3 km away
- Claydon High School5.1 km away
- Westbourne Academy5.8 km away
- Ormiston Endeavour Academy6.6 km away
More reading links
Public Transport Nearby
The closest station to IP8 4PA is Needham Market station, which is 6.4 kilometres away.
- Needham Market|6.4 km away
- Ipswich|8.5 km away
- Westerfield|8.5 km away
- Derby Road (Ipswich)|10.8 km away
