15, LILAC DRIVE, LAKENHEATH, BRANDON, IP27 9DX - £235,000

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

15 LILAC DRIVE is a midsized detached house of 84m², built sometime between 1996 and 2002. It was last sold for £235,000 in July 2020, which was around 39% below the average July 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

15 LILAC DRIVE Sold Prices

Land registry data shows three sales for 15 LILAC 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 15 LILAC 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
2020 2 JUL	£235,000	£388,321	39% below HPI
2003 3 OCT	£155,000	£214,945	28% below HPI
2000 8 DEC	£96,950	£135,099	28% below HPI

15 LILAC 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 15 LILAC DRIVE sales between December 2000 and July 2020 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 October 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 15 LILAC DRIVE?

15 LILAC DRIVE is 84m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 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 15 LILAC DRIVE lies on this distribution: 44% of detached houses are smaller than 15 LILAC DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

15 LILAC DRIVE: Plot and Title Map

15 LILAC DRIVE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 15 LILAC 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 15 LILAC 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 15 LILAC DRIVE?

15 LILAC DRIVE is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 15 on LILAC DRIVE.