15, THE FIRS, LAKENHEATH, BRANDON, IP27 9EX - £212,000

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.

15 THE FIRS is a small detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £235,161. It was last sold for £212,000 in October 2020, which was around 48% below the average October 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was B.

15 THE FIRS Sold Prices

Land registry data shows two sales for 15 THE FIRS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Both of the two 15 THE FIRS 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 30 OCT	£212,000	£406,146	48% below HPI
2016 29 APR	£155,000	£342,083	55% below HPI

15 THE FIRS 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 two 15 THE FIRS sales from April 2016 and October 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 April 2016 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the October 2020 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 15 THE FIRS be worth now?

15 THE FIRS might now be worth an estimated £235,161.

This is based on house price inflation of 10.9%, between October 2020 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 10.9% inflationary increase is applied to the most recent sale price for 15 THE FIRS of £212,000 on 30th October 2020. For the value to have increased from £212,000 to £235,161 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 THE FIRS has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The October 2020 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE FIRS has not materially changed since October 2020.

How Large is 15 THE FIRS?

15 THE FIRS is 76m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% 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 FIRS lies on this distribution: 31% of detached houses houses are smaller than 15 THE FIRS, and 68% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

15 THE FIRS: Plot and Title Map

15 THE FIRS sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 15 THE FIRS, 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 FIRS). 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 FIRS?

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