2, HALL FIELDS, LAKENHEATH, BRANDON, IP27 9LP - £249,000

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 HALL FIELDS is a large extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £249,000 in May 2015, which was around 21% below the average May 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

2 HALL FIELDS Sold Prices

Land registry data shows four sales for 2 HALL FIELDS 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 HALL FIELDS 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
2015 8 MAY	£249,000	£316,225	21% below HPI
2012 14 DEC	£200,000	£262,617	24% below HPI
2003 19 MAR	£59,950	£198,713	70% below HPI
2001 2 AUG	£59,500	£146,986	60% below HPI

2 HALL FIELDS 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 HALL FIELDS sales between August 2001 and May 2015 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 December 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2015 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 HALL FIELDS?

2 HALL FIELDS is 119m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 30% 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 HALL FIELDS lies on this distribution: 75% of detached houses are smaller than 2 HALL FIELDS, and 24% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

2 HALL FIELDS: Plot and Title Map

2 HALL FIELDS sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 2 HALL FIELDS, 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 HALL FIELDS). 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 HALL FIELDS?

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