24, MEADOW DRIVE, LAKENHEATH, BRANDON, IP27 9JG - £162,000

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

24 MEADOW DRIVE is a midsized detached house of 82m², built sometime between 1996 and 2002. It was last sold for £162,000 in June 2009, which was around 28% below the average June 2009 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

24 MEADOW DRIVE Sold Prices

Land registry data shows two sales for 24 MEADOW 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 24 MEADOW 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
2009 5 JUN	£162,000	£223,731	28% below HPI
2006 30 NOV	£179,750	£260,833	31% below HPI

24 MEADOW 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 24 MEADOW DRIVE sales from November 2006 and June 2009 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 November 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2009 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 24 MEADOW DRIVE?

24 MEADOW DRIVE is 82m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 50% 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 MEADOW DRIVE lies on this distribution: 41% of detached houses are smaller than 24 MEADOW DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

24 MEADOW DRIVE: Plot and Title Map

24 MEADOW DRIVE sits on a plot of roughly 0.185 of an acre, or 750m². The below map shows the location of 24 MEADOW 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 24 MEADOW 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 24 MEADOW DRIVE?

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