3, SCHOOL CLOSE, LAKENHEATH, BRANDON, IP27 9FE - £162,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 SCHOOL CLOSE is a small semi-detached house of 74m², built sometime between 2007 and 2011. It was last sold for £162,000 in March 2016, which was around 52% below the average March 2016 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

3 SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 3 SCHOOL CLOSE 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 SCHOOL CLOSE 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
2016 24 MAR	£162,000	£337,644	52% below HPI
2011 15 JUN	£155,000	£258,886	40% below HPI

3 SCHOOL CLOSE 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 SCHOOL CLOSE sales from June 2011 and March 2016 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 2011 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2016 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 3 SCHOOL CLOSE?

3 SCHOOL CLOSE is 74m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% 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 SCHOOL CLOSE lies on this distribution: 27% of detached houses are smaller than 3 SCHOOL CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

3 SCHOOL CLOSE: Plot and Title Map

3 SCHOOL CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 3 SCHOOL CLOSE, 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 SCHOOL CLOSE). 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 SCHOOL CLOSE?

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