Ipswich Road - NR2 2LN
Key Postcode Insights
NR2 2LN is a residential postcode situated on Ipswich Road, Norwich, NR2 with 47 addresses.
It ranks as the 567th largest and 259th most expensive of the 648 postcodes in the NR2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 47 properties: 17 houses and 30 flats.
- Ave. Sale Price
- £369,628
- 10 Year change
- up 17.9%
- Ave. Rental Price
- £1,476pcm
- 10 Year change
- up 61.6%
- Ave. £ per ft²
- £191/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
NR2 2LN is a residential postcode situated on Ipswich Road, Norwich, NR2 with 47 addresses.
It ranks as the 567th largest and 259th most expensive of the 648 postcodes in the NR2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 47 properties: 17 houses and 30 flats.
- Ave. Sale Price
- £369,628
- 10 Year change
- up 17.9%
- Ave. Rental Price
- £1,476pcm
- 10 Year change
- up 61.6%
- Ave. £ per ft²
- £191/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin NR2 2LN
- The Bungalow
3 Bed House
- 15 Ipswich Road
5 Bed Period House
- 17 Ipswich Road
5 Bed Period House
- 19 Ipswich Road
26 Units
- 21 Ipswich Road
Building  |  3 Flats
Sales Market Trends
The last sale in NR2 2LN sold for £600,000 on 29th February 2024. Since then prices are down an average of 3.3%.
The current average value in the postcode is £369,628.
The NR2 2LN Sales Market has increased by 17.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £369,628 |
| June 2025 | -0.7% | £378,810 |
| June 2024 | -2.4% | £381,352 |
| June 2023 | 1.2% | £390,693 |
| June 2022 | 6.9% | £386,024 |
| June 2021 | 5.5% | £361,039 |
| June 2020 | 2.5% | £342,142 |
| June 2019 | 1.1% | £333,913 |
| June 2018 | 2.3% | £330,224 |
| June 2017 | 3% | £322,864 |
| June 2016 | 7% | £313,448 |
| June 2015 | 7.8% | £292,968 |
| June 2014 | 6.9% | £271,794 |
| June 2013 | 3.6% | £254,329 |
| June 2012 | 0.1% | £245,526 |
| June 2011 | -2% | £245,373 |
| June 2010 | 11.1% | £250,473 |
| June 2009 | -9% | £225,391 |
| June 2008 | -5.5% | £247,588 |
| June 2007 | 0% | £262,020 |
Rental Market Trends
The current average rental value in the postcode is £1,476.
The NR2 2LN Rental Market has increased by 61.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,476pcm |
| June 2025 | 3.6% | £1,433pcm |
| June 2024 | 7.2% | £1,383pcm |
| June 2023 | 7.6% | £1,290pcm |
| June 2022 | 8.1% | £1,199pcm |
| June 2021 | 10% | £1,109pcm |
| June 2020 | 4% | £1,008pcm |
| June 2019 | 1.6% | £969pcm |
| June 2018 | 1.1% | £954pcm |
| June 2017 | 3.3% | £943pcm |
| June 2016 | 4.4% | £913pcm |
| June 2015 | 3% | £875pcm |
| June 2014 | 2.5% | £850pcm |
| June 2013 | 1.4% | £829pcm |
| June 2012 | 3.4% | £818pcm |
| June 2011 | 1.7% | £791pcm |
| June 2010 | 7.8% | £778pcm |
| June 2009 | -5.1% | £722pcm |
| June 2008 | -0.9% | £761pcm |
| June 2007 | 0% | £767pcm |
Sales History
The last sale was on 29th February 2024 for £600,000 and since then the market in the area has decreased by 3.3%. The postcode has had a total of 27 sales since 1995.
NR2 2LN has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2024£600,000 | 4 Bed House23, Ipswich Road, Norwich, NR2 2LN23, Ipswich Road, Norwich, NR2 2LN
- Sold Jun 2021£455,000 | 3 Bed HouseThe Bungalow, Rear Of 21, Ipswich Road, Norwich, NR2 2LNThe Bungalow, Rear Of 21, Ipswich Road, Norwich, NR2 2LN
- Sold May 2021£727,500 | 6 Bed House47A, Ipswich Road, Norwich, NR2 2LN47A, Ipswich Road, Norwich, NR2 2LN
- Sold Apr 2020£450,000 | 5 Bed House31B, Ipswich Road, Norwich, NR2 2LN31B, Ipswich Road, Norwich, NR2 2LN
- Sold Mar 2020£850,000 | 6 Bed House17, Ipswich Road, Norwich, NR2 2LN17, Ipswich Road, Norwich, NR2 2LN
Nearby Postcodes
NR2 2LN is the 567th largest and the 259th most expensive postcode out of the 648 postcodes in the NR2 area.
- NR2 2LY, Hornor Close, Norwich, NR2NR2 2LY6 Addresses|101 m away
- NR2 2LW, Harford Manor Close, Norwich, NR2NR2 2LW24 Addresses|111 m away
- NR2 2LX, Ipswich Road, Norwich, NR2NR2 2LX2 Addresses|112 m away
- NR2 2ND, Orwell Road, Norwich, NR2NR2 2ND3 Addresses|177 m away
- NR2 2LZ, Ipswich Road, Norwich, NR2NR2 2LZ4 Addresses|230 m away
Property Types
- 6 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 37 other addresses of unknown type
- period house (6)
- modern house (1)
- mid-century house (2)
- house (1)
- Unknown (37)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (2)
- C (2)
- G (0)
- D (5)
- No EPC (34)
Top 3 Most Expensive Sales
- Sold Nov 2023£1,197,500 | 6 Bed House22, Ipswich Road, Norwich, NR2 2LZ22, Ipswich Road, Norwich, NR2 2LZ
- Sold Jul 2014£867,500 | 6 Bed House22, Ipswich Road, Norwich, NR2 2LZ22, Ipswich Road, Norwich, NR2 2LZ
- Sold Mar 2020£850,000 | 6 Bed House17, Ipswich Road, Norwich, NR2 2LN17, Ipswich Road, Norwich, NR2 2LN
Schools Nearby
- Tuckswood Academy700 m away
- Edith Cavell Academy and Nursery1.0 km away
- Lakenham Primary School1.1 km away
- Hewett Academy400 m away
- City of Norwich School, An Ormiston Academy600 m away
- Notre Dame High School, Norwich1.3 km away
More reading links
Public Transport Nearby
The closest station to NR2 2LN is Norwich station, which is 2.1 kilometres away.
- Norwich|2.1 km away
- Brundall Gardens|9.2 km away
- Salhouse|9.9 km away
- Brundall|10.5 km away