37, COVEY WAY, LAKENHEATH, BRANDON, IP27 9HJ - £207,000

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

37 COVEY WAY is a midsized extended detached house of 87m², built sometime between 1976 and 1982. It was last sold for £207,000 in March 2017, which was around 43% below the average March 2017 detached price in the West Suffolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

37 COVEY WAY Sold Prices

Land registry data shows five sales for 37 COVEY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the five 37 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
2017 29 MAR	£207,000	£360,307	43% below HPI
2006 24 JUL	£140,000	£245,011	43% below HPI
2004 6 FEB	£122,500	£220,497	44% below HPI
2001 23 NOV	£78,500	£148,864	47% below HPI
1996 25 MAR	£42,000	£81,383	48% below HPI

37 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 five 37 COVEY WAY sales between March 1996 and March 2017 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 2006 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2017 sale, which was also at 43% below the HPI.

How Large is 37 COVEY WAY?

37 COVEY WAY is 87m², which includes one extension, according to the EPC inspection conducted in May 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 37 COVEY WAY lies on this distribution: 48% of detached houses are smaller than 37 COVEY WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

37 COVEY WAY: Plot and Title Map

37 COVEY WAY sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 37 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 37 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 37 COVEY WAY?

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