Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 LARK CLOSE is a large extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £315,000 in August 2023, which was around 30% below the average August 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 1 LARK CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four 1 LARK CLOSE 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 |
---|---|---|---|
2023 8 AUG | £315,000 | £449,495 | 30% below HPI |
2018 17 SEP | £245,000 | £378,416 | 35% below HPI |
2009 20 MAR | £160,000 | £219,948 | 27% below HPI |
2003 14 MAR | £124,000 | £198,713 | 38% below HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The four 1 LARK CLOSE sales between March 2003 and August 2023 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 September 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
1 LARK CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses in Brandon, based on EPC data. The below chart shows the distribution of detached houses by size in Brandon, and where 1 LARK CLOSE lies on this distribution: 62% of detached houses are smaller than 1 LARK CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Brandon.
1 LARK CLOSE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 1 LARK CLOSE, 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 LARK CLOSE). 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.
1 LARK CLOSE is located in BRANDON, in the IP27 postcode district. The below map shows the position of No. 1 on LARK CLOSE.