15, THE ELDERS, LAKENHEATH, BRANDON, IP27 9EY - £257,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 THE ELDERS is a large detached house of 121m², built sometime between 1976 and 1982, which could now be worth an estimated £318,009. It was last sold for £257,500 in May 2018, which was around 31% below the average May 2018 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

15 THE ELDERS Sold Prices

Land registry data shows five sales for 15 THE ELDERS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the five 15 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
2018 11 MAY	£257,500	£375,317	31% below HPI
2015 11 FEB	£170,000	£313,055	46% below HPI
2007 20 JUL	£199,000	£276,185	28% below HPI
2005 1 FEB	£176,000	£234,293	25% below HPI
2003 14 FEB	£160,000	£198,136	19% below HPI

15 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 five 15 THE ELDERS sales between February 2003 and May 2018 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 February 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 15 THE ELDERS be worth now?

15 THE ELDERS might now be worth an estimated £318,009.

This is based on house price inflation of 23.5%, between May 2018 and December 2024, 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 23.5% inflationary increase is applied to the most recent sale price for 15 THE ELDERS of £257,500 on 11th May 2018. For the value to have increased from £257,500 to £318,009 over the five years and five months to December 2024, the following assumptions must hold true:

• The value of 15 THE ELDERS has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The May 2018 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 15 THE ELDERS has not materially changed since May 2018.

How Large is 15 THE ELDERS?

15 THE ELDERS is 121m² according to the EPC inspection conducted in March 2012. This puts it in the largest 30% 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 15 THE ELDERS lies on this distribution: 76% of detached houses houses are smaller than 15 THE ELDERS, and 24% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

15 THE ELDERS: Plot and Title Map

15 THE ELDERS sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 15 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 15 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 15 THE ELDERS?

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