3, THE CEDARS, LAKENHEATH, BRANDON, IP27 9HG - £129,000

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 THE CEDARS is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £129,000 in June 2009, which was around 42% below the average June 2009 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

3 THE CEDARS Sold Prices

Land registry data shows three sales for 3 THE CEDARS 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 3 THE CEDARS 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 26 JUN	£129,000	£223,731	42% below HPI
2003 4 JUN	£117,000	£203,140	42% below HPI
1998 11 DEC	£46,000	£102,916	55% below HPI

3 THE CEDARS 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 3 THE CEDARS sales between December 1998 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 June 2003 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2009 sale, which was also at 42% below the HPI.

How Large is 3 THE CEDARS?

3 THE CEDARS is 67m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% 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 THE CEDARS lies on this distribution: 18% of detached houses are smaller than 3 THE CEDARS, and 82% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

3 THE CEDARS: Plot and Title Map

3 THE CEDARS sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 3 THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

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