2, LILAC DRIVE, LAKENHEATH, BRANDON, IP27 9DX - £135,000

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.

2 LILAC DRIVE is a small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £204,374. It was last sold for £135,000 in July 2014, which was around 55% below the average July 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

2 LILAC DRIVE Sold Prices

Land registry data shows two sales for 2 LILAC DRIVE 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 2 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
2014 16 JUL	£135,000	£297,590	55% below HPI
1996 23 OCT	£43,000	£85,970	50% below HPI

2 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 two 2 LILAC DRIVE sales from October 1996 and July 2014 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 1996 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2014 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 2 LILAC DRIVE be worth now?

2 LILAC DRIVE might now be worth an estimated £204,374.

This is based on house price inflation of 51.4%, between July 2014 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 51.4% inflationary increase is applied to the most recent sale price for 2 LILAC DRIVE of £135,000 on 16th July 2014. For the value to have increased from £135,000 to £204,374 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 2 LILAC DRIVE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The July 2014 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LILAC DRIVE has not materially changed since July 2014.

How Large is 2 LILAC DRIVE?

2 LILAC DRIVE is 73m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 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 2 LILAC DRIVE lies on this distribution: 27% of detached houses houses are smaller than 2 LILAC DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

2 LILAC DRIVE: Plot and Title Map

2 LILAC DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 2 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 2 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 2 LILAC DRIVE?

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