14, PALMER DRIVE, LAKENHEATH, BRANDON, IP27 9JY - £99,995

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

14 PALMER DRIVE is a very small detached house of 36m², built sometime between 1983 and 1990. It was last sold for £99,995 in July 2008, which was around 63% below the average July 2008 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was E.

14 PALMER DRIVE Sold Prices

Land registry data shows three sales for 14 PALMER 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 14 PALMER 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
2008 18 JUL	£99,995	£266,682	63% below HPI
2005 18 NOV	£95,000	£240,783	61% below HPI
2003 18 JUN	£110,000	£203,140	46% below HPI

14 PALMER 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 14 PALMER DRIVE sales between June 2003 and July 2008 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 November 2005 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the July 2008 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is 14 PALMER DRIVE?

14 PALMER DRIVE is 36m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% of detached houses in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lakenheath, and where 14 PALMER DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 14 PALMER DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

14 PALMER DRIVE: Plot and Title Map

14 PALMER DRIVE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 14 PALMER 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 14 PALMER 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 14 PALMER DRIVE?

14 PALMER DRIVE is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 14 on PALMER DRIVE.