2, BARR DRIVE, LAKENHEATH, BRANDON, IP27 9JF - £145,000

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

2 BARR DRIVE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £145,000 in July 2011, which was around 44% below the average July 2011 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

2 BARR DRIVE Sold Prices

Land registry data shows four sales for 2 BARR DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four 2 BARR 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
2011 15 JUL	£145,000	£257,463	44% below HPI
2008 1 AUG	£145,000	£263,603	45% below HPI
2003 28 FEB	£112,500	£195,603	42% below HPI
2001 6 JUN	£69,950	£145,975	52% below HPI

2 BARR 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 four 2 BARR DRIVE sales between June 2001 and July 2011 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 August 2008 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2011 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 2 BARR DRIVE?

2 BARR DRIVE is 66m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of detached houses in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lakenheath, and where 2 BARR DRIVE lies on this distribution: 15% of detached houses are smaller than 2 BARR DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

2 BARR DRIVE: Plot and Title Map

2 BARR DRIVE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 2 BARR 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 2 BARR 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 2 BARR DRIVE?

2 BARR DRIVE is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 2 on BARR DRIVE.