14, THE ELDERS, LAKENHEATH, BRANDON, IP27 9EY - £122,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 THE ELDERS is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £207,460. It was last sold for £122,500 in December 2012, which was around 54% below the average December 2012 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

14 THE ELDERS Sold Prices

Land registry data shows three sales for 14 THE ELDERS 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 THE ELDERS 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
2012 10 DEC	£122,500	£266,019	54% below HPI
2005 11 MAR	£129,000	£230,236	44% below HPI
1997 10 OCT	£56,950	£95,642	40% below HPI

14 THE ELDERS 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 THE ELDERS sales between October 1997 and December 2012 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 March 2005 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2012 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 14 THE ELDERS be worth now?

14 THE ELDERS might now be worth an estimated £207,460.

This is based on house price inflation of 69.4%, between December 2012 and February 2025, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.4% inflationary increase is applied to the most recent sale price for 14 THE ELDERS of £122,500 on 10th December 2012. For the value to have increased from £122,500 to £207,460 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 14 THE ELDERS has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The December 2012 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 14 THE ELDERS has not materially changed since December 2012.

How Large is 14 THE ELDERS?

14 THE ELDERS is 64m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses houses in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lakenheath, and where 14 THE ELDERS lies on this distribution: 12% of detached houses houses are smaller than 14 THE ELDERS, and 86% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

14 THE ELDERS: Plot and Title Map

14 THE ELDERS sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 14 THE ELDERS, 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 THE ELDERS). 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 THE ELDERS?

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