37, BROOM ROAD, LAKENHEATH, BRANDON, IP27 9ET - £241,950

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

37 BROOM ROAD is a midsized detached house of 98m², built sometime between 1950 and 1966. It was last sold for £241,950 in March 2016, which was around 28% below the average March 2016 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

37 BROOM ROAD Sold Prices

Land registry data shows three sales for 37 BROOM ROAD 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 37 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
2016 11 MAR	£241,950	£337,644	28% below HPI
2014 29 JAN	£220,000	£274,587	20% below HPI
1997 5 AUG	£63,000	£90,533	30% below HPI

37 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 three 37 BROOM ROAD sales between August 1997 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 January 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 37 BROOM ROAD?

37 BROOM ROAD is 98m² according to the EPC inspection conducted in August 2013. This puts it in the largest 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 37 BROOM ROAD lies on this distribution: 59% of detached houses are smaller than 37 BROOM ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

37 BROOM ROAD: Plot and Title Map

37 BROOM ROAD sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 37 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 37 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 37 BROOM ROAD?

37 BROOM ROAD is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 37 on BROOM ROAD.