Ipswich Road - NR2 2LP
Key Postcode Insights
NR2 2LP is a residential postcode situated on Ipswich Road, Norwich, NR2 with 8 addresses.
It ranks as the 172nd largest and 451st 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 8 properties: 7 houses and 1 flat.
- Ave. Sale Price
- £382,561
- 10 Year change
- up 16.3%
- Ave. Rental Price
- £1,776pcm
- 10 Year change
- up 61.2%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
NR2 2LP is a residential postcode situated on Ipswich Road, Norwich, NR2 with 8 addresses.
It ranks as the 172nd largest and 451st 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 8 properties: 7 houses and 1 flat.
- Ave. Sale Price
- £382,561
- 10 Year change
- up 16.3%
- Ave. Rental Price
- £1,776pcm
- 10 Year change
- up 61.2%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin NR2 2LP
- 2 Ipswich Road
4 Bed Period House
- 4 Ipswich Road
3 Bed Period House
- 6 Ipswich Road
Building | 2 Flats
- 8 Ipswich Road
5 Bed Period House
- 10 Ipswich Road
Unknown
Sales Market Trends
The last sale in NR2 2LP sold for £288,000 on 16th August 2017. Since then prices are up an average of 14.9%.
The current average value in the postcode is £382,561.
The NR2 2LP Sales Market has increased by 16.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £382,561 |
| June 2025 | -0.8% | £392,030 |
| June 2024 | -2.5% | £395,365 |
| June 2023 | 2% | £405,624 |
| June 2022 | 6.1% | £397,774 |
| June 2021 | 4.7% | £374,791 |
| June 2020 | 3.3% | £357,898 |
| June 2019 | 1% | £346,554 |
| June 2018 | 2.1% | £343,193 |
| June 2017 | 2.3% | £336,274 |
| June 2016 | 6.8% | £328,866 |
| June 2015 | 8.3% | £308,056 |
| June 2014 | 6.8% | £284,525 |
| June 2013 | 3.6% | £266,417 |
| June 2012 | 0.1% | £257,122 |
| June 2011 | -2.2% | £256,738 |
| June 2010 | 11.3% | £262,565 |
| June 2009 | -8.8% | £235,876 |
| June 2008 | -6.6% | £258,614 |
| June 2007 | 0% | £276,939 |
Rental Market Trends
The current average rental value in the postcode is £1,776.
The NR2 2LP Rental Market has increased by 61.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,776pcm |
| June 2025 | 3.4% | £1,724pcm |
| June 2024 | 7.6% | £1,668pcm |
| June 2023 | 8% | £1,550pcm |
| June 2022 | 7.9% | £1,436pcm |
| June 2021 | 9.7% | £1,330pcm |
| June 2020 | 4% | £1,213pcm |
| June 2019 | 1.3% | £1,167pcm |
| June 2018 | 1.2% | £1,151pcm |
| June 2017 | 3.2% | £1,137pcm |
| June 2016 | 4.2% | £1,102pcm |
| June 2015 | 2.8% | £1,057pcm |
| June 2014 | 2.5% | £1,028pcm |
| June 2013 | 1.3% | £1,004pcm |
| June 2012 | 3.4% | £991pcm |
| June 2011 | 1.7% | £958pcm |
| June 2010 | 7.4% | £942pcm |
| June 2009 | -5.6% | £878pcm |
| June 2008 | -1.6% | £930pcm |
| June 2007 | 0% | £944pcm |
Sales History
The last sale was on 16th August 2017 for £288,000 and since then the market in the area has increased by 14.9%. The postcode has had a total of 3 sales since 1995.
NR2 2LP has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2017£288,000 | 4 Bed House2, Ipswich Road, Norwich, NR2 2LP2, Ipswich Road, Norwich, NR2 2LP
- Sold Aug 2013£330,000 | 4 Bed House6, Ipswich Road, Norwich, NR2 2LP6, Ipswich Road, Norwich, NR2 2LP
- Sold Oct 2007£250,000 | 4 Bed House2, Ipswich Road, Norwich, NR2 2LP2, Ipswich Road, Norwich, NR2 2LP
Nearby Postcodes
NR2 2LP is the 172nd largest and the 451st most expensive postcode out of the 648 postcodes in the NR2 area.
- NR2 2LA, Newmarket Road, Norwich, NR2NR2 2LA13 Addresses|67 m away
- NR2 2LG, Arundel Court, Norwich, NR2NR2 2LG12 Addresses|69 m away
- NR2 2LF, Sandringham Court, Norwich, NR2NR2 2LF12 Addresses|77 m away
- NR2 2HJ, Launceston Terrace, Norwich, NR2NR2 2HJ11 Addresses|108 m away
- NR2 2LH, Ipswich Road, Norwich, NR2NR2 2LH20 Addresses|115 m away
Property Types
- 3 period houses built between 1800 and 1911
- 2 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- period house (3)
- mid-century flat (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is E.
- A (0)
- E (3)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (4)
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
- Bignold Primary School and Nursery500 m away
- The Free School Norwich700 m away
- Lakenham Primary School1.0 km away
- Hewett Academy700 m away
- Notre Dame High School, Norwich800 m away
- City of Norwich School, An Ormiston Academy1.1 km away
More reading links
Public Transport Nearby
The closest station to NR2 2LP is Norwich station, which is 1.6 kilometres away.
- Norwich|1.6 km away
- Brundall Gardens|9.0 km away
- Salhouse|9.4 km away
- Brundall|10.4 km away
