3, BROOM ROAD, LAKENHEATH, BRANDON, IP27 9ES - £290,000

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

3 BROOM ROAD is a large extended detached house of 109m², built sometime from 2007 onwards. It was last sold for £290,000 in February 2023, which was around 37% below the average February 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

3 BROOM ROAD Sold Prices

Land registry data shows two sales for 3 BROOM ROAD 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 3 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
2023 27 FEB	£290,000	£460,502	37% below HPI
2022 28 JUL	£240,000	£448,889	47% below HPI

3 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 two 3 BROOM ROAD sales from July 2022 and February 2023 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 July 2022 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 BROOM ROAD?

3 BROOM ROAD is 109m², which includes two extensions, according to the EPC inspection conducted in September 2019. 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 3 BROOM ROAD lies on this distribution: 69% of detached houses are smaller than 3 BROOM ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

3 BROOM ROAD: Plot and Title Map

3 BROOM ROAD sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 3 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 3 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 3 BROOM ROAD?

3 BROOM ROAD is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 3 on BROOM ROAD.