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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

37 COVEY WAY is a midsized extended detached house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £262,887. 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	£364,974	43% below HPI
2006 24 JUL	£140,000	£248,184	44% below HPI
2004 6 FEB	£122,500	£223,352	45% below HPI
2001 23 NOV	£78,500	£150,792	48% below HPI
1996 25 MAR	£42,000	£82,437	49% 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 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2017 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 37 COVEY WAY be worth now?

37 COVEY WAY might now be worth an estimated £262,887.

This is based on house price inflation of 27%, between March 2017 and December 2024, for detached houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27% inflationary increase is applied to the most recent sale price for 37 COVEY WAY of £207,000 on 29th March 2017. For the value to have increased from £207,000 to £262,887 over the six years and three months to December 2024, the following assumptions must hold true:

• The value of 37 COVEY WAY has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The March 2017 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 37 COVEY WAY has not materially changed since March 2017.

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 houses in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lakenheath, and where 37 COVEY WAY lies on this distribution: 48% of detached houses 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.