21, BACK STREET, LAKENHEATH, BRANDON, IP27 9HB - £350,000

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

21 BACK STREET is a very small extended detached house of 65m², built sometime between 2003 and 2006. It was last sold for £350,000 in February 2021, which was around 13% below the average February 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

21 BACK STREET Sold Prices

Land registry data shows two sales for 21 BACK STREET 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 21 BACK STREET 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 26 FEB	£350,000	£400,953	13% below HPI
2001 4 MAY	£63,000	£142,100	56% below HPI

21 BACK STREET 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 21 BACK STREET sales from May 2001 and February 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 May 2001 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the February 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 21 BACK STREET?

21 BACK STREET is 65m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 21 BACK STREET lies on this distribution: 14% of detached houses are smaller than 21 BACK STREET, and 85% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

21 BACK STREET: Plot and Title Map

21 BACK STREET sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 21 BACK STREET, 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 21 BACK STREET). 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 21 BACK STREET?

21 BACK STREET is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 21 on BACK STREET.