22, BROOM ROAD, LAKENHEATH, BRANDON, IP27 9ES - £185,000

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

22 BROOM ROAD is a large extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £185,000 in June 2014, which was around 36% below the average June 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

22 BROOM ROAD Sold Prices

Land registry data shows three sales for 22 BROOM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three 22 BROOM ROAD 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 18 JUN	£185,000	£288,418	36% below HPI
2011 2 SEP	£155,000	£263,713	41% below HPI
1998 24 AUG	£74,950	£101,482	26% below HPI

22 BROOM ROAD 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 three 22 BROOM ROAD sales between August 1998 and June 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 September 2011 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2014 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 22 BROOM ROAD?

22 BROOM ROAD is 103m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of detached houses in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lakenheath, and where 22 BROOM ROAD lies on this distribution: 64% of detached houses are smaller than 22 BROOM ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

22 BROOM ROAD: Plot and Title Map

22 BROOM ROAD sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 22 BROOM ROAD, 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 22 BROOM ROAD). 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 22 BROOM ROAD?

22 BROOM ROAD is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 22 on BROOM ROAD.