1, ERISWELL DRIVE, LAKENHEATH, BRANDON, IP27 9AG - £205,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ERISWELL DRIVE is a very small extended detached house of 65m², built sometime between 1950 and 1966. It was last sold for £205,000 in April 2019, which was around 46% below the average April 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

1 ERISWELL DRIVE Sold Prices

Land registry data shows five sales for 1 ERISWELL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the five 1 ERISWELL DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 4 APR	£205,000	£380,712	46% below HPI
2015 10 DEC	£145,000	£327,387	56% below HPI
2005 5 AUG	£125,000	£242,857	49% below HPI
2000 8 DEC	£68,000	£135,099	50% below HPI
1997 14 JUL	£45,250	£87,825	48% below HPI

1 ERISWELL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The five 1 ERISWELL DRIVE sales between July 1997 and April 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2015 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the April 2019 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 1 ERISWELL DRIVE?

1 ERISWELL DRIVE is 65m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lakenheath, and where 1 ERISWELL DRIVE lies on this distribution: 14% of detached houses are smaller than 1 ERISWELL DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

1 ERISWELL DRIVE: Plot and Title Map

1 ERISWELL DRIVE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 1 ERISWELL DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 ERISWELL DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 ERISWELL DRIVE?

1 ERISWELL DRIVE is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 1 on ERISWELL DRIVE.