1, SPRINGFIELD DRIVE, LAKENHEATH, BRANDON, IP27 9HH - £228,000

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 SPRINGFIELD DRIVE is a midsized detached house of 92m², built sometime between 1983 and 1990. It was last sold for £228,000 in March 2017, which was around 37% below the average March 2017 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

1 SPRINGFIELD DRIVE Sold Prices

Land registry data shows three sales for 1 SPRINGFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three 1 SPRINGFIELD 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
2017 9 MAR	£228,000	£360,307	37% below HPI
2016 21 JAN	£209,000	£328,536	36% below HPI
2014 12 DEC	£138,000	£304,124	55% below HPI

1 SPRINGFIELD 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 three 1 SPRINGFIELD DRIVE sales between December 2014 and March 2017 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 January 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2017 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 SPRINGFIELD DRIVE?

1 SPRINGFIELD DRIVE is 92m² according to the EPC inspection conducted in September 2022. This puts it in the largest 50% 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 SPRINGFIELD DRIVE lies on this distribution: 53% of detached houses are smaller than 1 SPRINGFIELD DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

1 SPRINGFIELD DRIVE: Plot and Title Map

1 SPRINGFIELD DRIVE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 1 SPRINGFIELD 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 SPRINGFIELD 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 SPRINGFIELD DRIVE?

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