Local market reports › IP area › IP23 › IP23 7
Thorndon market report IP23 7, Eye
The IP23 7 (Thorndon) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 2,529 sales recorded by HM Land Registry in IP23 7 (Eye) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in IP23 7 (Eye) sold for £260,000 in 2026, the median of 19 registered sales, down 9% on five years earlier. The mean was £297,600, and by floor area homes here have averaged about £3,220 per square metre over the last five years. The figures cover 2,529 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
A postcode sector like IP23 7 is a single group of streets within IP23 (Eye), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where IP23 7 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
Today's IP23 7 prices, from the sold record
Across 19 registered 2026 sales, the typical (median) IP23 7 home went for £260,000. The mean is £297,600, modestly above it, the usual shape of a market with an expensive tail.
What a square metre costs in IP23 7
Per square metre, IP23 7 homes have averaged around £3,220 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
The national median for England and Wales is £285,000, which puts IP23 7 9% below the country at large.
The price of a typical IP23 7 home, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £260,000 | £260,000 | 19 |
| 2025 | £350,000 | £358,370 | 88 |
| 2024 | £345,500 | £367,337 | 96 |
| 2023 | £350,000 | £384,565 | 73 |
| 2022 | £335,000 | £392,826 | 59 |
| 2021 | £285,000 | £360,847 | 126 |
| 2020 | £308,800 | £400,674 | 78 |
| 2019 | £310,800 | £407,384 | 56 |
| 2018 | £284,000 | £378,577 | 67 |
| 2017 | £287,500 | £392,121 | 67 |
| 2016 | £227,500 | £318,275 | 76 |
| 2015 | £240,000 | £339,120 | 83 |
| 2014 | £230,000 | £326,295 | 80 |
| 2013 | £193,200 | £277,996 | 54 |
| 2012 | £221,000 | £325,284 | 59 |
| 2011 | £245,800 | £371,063 | 66 |
| 2010 | £235,000 | £368,541 | 70 |
| 2009 | £243,000 | £390,625 | 53 |
| 2008 | £230,000 | £377,019 | 43 |
| 2007 | £219,000 | £371,485 | 100 |
| 2006 | £195,000 | £338,495 | 118 |
| 2005 | £198,500 | £353,250 | 68 |
| 2004 | £175,000 | £317,834 | 95 |
| 2003 | £173,000 | £318,708 | 92 |
| 2002 | £127,200 | £239,326 | 116 |
| 2001 | £115,000 | £221,082 | 115 |
| 2000 | £115,000 | £225,688 | 101 |
| 1999 | £74,200 | £147,877 | 96 |
| 1998 | £76,000 | £153,411 | 90 |
| 1997 | £73,000 | £149,708 | 93 |
| 1996 | £58,000 | £122,319 | 75 |
| 1995 | £57,500 | £124,996 | 57 |
In cash terms the typical IP23 7 home went from £57,500 in 1995 to £260,000 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 108%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2019, and today's median remains roughly 36% under it: a 2019 buyer is still waiting to get that price back in today's money.
Year-on-year change in the IP23 7 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2000 (+55.0% on the year before); the weakest, 2026 (−25.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What IP23 7 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −25.7% | −27.4% |
| 5 years (since 2021) | −1.8% | −6.3% |
| 10 years (since 2016) | +1.3% | −2.0% |
| 20 years (since 2006) | +1.4% | −1.3% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
How many homes change hands in IP23 7
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
IP23 7 recorded 19 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 101 sales a year before the financial crisis and 67 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
How IP23 7 trades
This is a thin market: 19 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Within IP23, this sector trades 15% below the district median: one of its district's cheaper corners.
Rents around IP23 7
The local authority for IP23 7 is Mid Suffolk, and its ONS average private rent currently stands at £994 a month (May 2026 figures). A one-bed averages £712 a month here and a four-or-more-bed £1,570, so size does most of the work in setting the rent.
Average monthly rent by size, Mid Suffolk
ONS Price Index of Private Rents, May 2026.
Set against the £260,000 median sold price, £994 a month is £11,928 a year, a gross yield of 4.6%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Asked and answered: IP23 7 (Thorndon)
Are property prices falling in IP23 7 (Thorndon)?
Is IP23 7 (Thorndon) a good place to buy a house?
How much did a house sell for in IP23 7 (Thorndon)?
Will IP23 7 prices rise from here?
The record answers a different question than "what happens next": the median is down 9% over five years in cash but down 28% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
On the market in IP23 today
Turning to what is actually available: 52 homes on the market right now, from 6 agents publishing to HomesIndex.
These cover the whole IP23 district, not just IP23 7: live asking prices are collected per district.
26% of current listings sit under the prices comparable homes actually fetched. Each listing is compared with recent recorded sales of similar homes nearby.
- Finningham Road, Gislingham, Eye, Suf...
- Cherry Tree Close, Yaxley, Eye
- Ambermere The Street, Thorndon, Eye, Eye
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every IP23 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
The price of an extra bedroom in IP
Real sold prices by size across the IP area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £297,500 | £400,000 (+34%) | £587,000 (+47%) | £800,000 (+36%) |
| Semi-detached | £215,000 | £252,000 (+17%) | £295,000 (+17%) | £380,750 (+29%) | £527,500 (+39%) |
| Terraced | £195,000 | £220,000 (+13%) | £260,000 (+18%) | £337,500 (+30%) | £510,000 (+51%) |
| Flat | £136,750 | £180,000 (+32%) | £290,000 (+61%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the IP area is the point: the same five years treated these districts very differently.
IP area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in IP23
A few minutes' walk can separate two very different markets. Here are IP23's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| IP23 8 | £320,000 | 20 |
Zoom out to the full IP23 district report for the type split, monthly volumes and how IP23 compares with its neighbours.
Before you sell in IP23 7: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in IP23 7, use the average prices map for a rough value: zoom from IP23 7's shading down to the sold homes on your own street. The figures above are every recorded IP23 7 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim IP23 7.
Keep digging
Behind the answers sits the same Land Registry record as this page, with IP23 7 already set as the subject. Free, one click sign in.
See every individual IP23 7 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.