24, MAYFIELDS, LAKENHEATH, BRANDON, IP27 9TA - £151,250

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

24 MAYFIELDS is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £151,250 in August 2007, which was around 45% below the average August 2007 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was B.

24 MAYFIELDS Sold Prices

Land registry data shows two sales for 24 MAYFIELDS 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 24 MAYFIELDS 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
2007 6 AUG	£151,250	£274,993	45% below HPI
2005 17 JUN	£123,500	£234,889	47% below HPI

24 MAYFIELDS 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 24 MAYFIELDS sales from June 2005 and August 2007 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 June 2005 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2007 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 24 MAYFIELDS?

24 MAYFIELDS is 60m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lakenheath, and where 24 MAYFIELDS lies on this distribution: 5% of detached houses are smaller than 24 MAYFIELDS, and 94% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

24 MAYFIELDS: Plot and Title Map

24 MAYFIELDS sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 24 MAYFIELDS, 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 24 MAYFIELDS). 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 24 MAYFIELDS?

24 MAYFIELDS is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 24 on MAYFIELDS.