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
20 BROOM ROAD CLOSE is a small extended detached house of 71m², built sometime between 1950 and 1966. It was last sold for £250,000 in May 2021, which was around 37% below the average May 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was F, and the potential energy rating was B.
Land registry data shows two sales for 20 BROOM ROAD CLOSE since 1st 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 20 BROOM ROAD CLOSE 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 |
---|---|---|---|
2021 28 MAY | £250,000 | £397,651 | 37% below HPI |
2020 8 SEP | £170,000 | £397,451 | 57% below HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two 20 BROOM ROAD CLOSE sales from September 2020 and May 2021 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 September 2020 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the May 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.
20 BROOM ROAD CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 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 20 BROOM ROAD CLOSE lies on this distribution: 22% of detached houses are smaller than 20 BROOM ROAD CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.
20 BROOM ROAD CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 20 BROOM ROAD CLOSE, 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 20 BROOM ROAD CLOSE). 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.
20 BROOM ROAD CLOSE is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 20 on BROOM ROAD CLOSE.