36, COVEY WAY, LAKENHEATH, BRANDON, IP27 9HJ - £108,000

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

36 COVEY WAY is a midsized detached house of 81m², built sometime between 1967 and 1975. It was last sold for £108,000 in March 2003, which was around 46% below the average March 2003 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was F, and the potential energy rating was C.

36 COVEY WAY Sold Prices

Land registry data shows two sales for 36 COVEY WAY 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 36 COVEY WAY 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
2003 24 MAR	£108,000	£198,713	46% below HPI
2002 1 MAR	£66,000	£164,099	60% below HPI

36 COVEY WAY 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 36 COVEY WAY sales from March 2002 and March 2003 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 March 2002 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the March 2003 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 36 COVEY WAY?

36 COVEY WAY is 81m² according to the EPC inspection conducted in June 2016. 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 36 COVEY WAY lies on this distribution: 40% of detached houses are smaller than 36 COVEY WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

36 COVEY WAY: Plot and Title Map

36 COVEY WAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 36 COVEY WAY, 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 36 COVEY WAY). 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 36 COVEY WAY?

36 COVEY WAY is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 36 on COVEY WAY.