39, COVEY WAY, LAKENHEATH, BRANDON, IP27 9HL - £169,000

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

39 COVEY WAY is a small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £169,000 in September 2016, which was around 52% below the average September 2016 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

39 COVEY WAY Sold Prices

Land registry data shows three sales for 39 COVEY WAY 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 39 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
2016 30 SEP	£169,000	£355,000	52% below HPI
2013 29 AUG	£141,000	£272,415	48% below HPI
2010 15 SEP	£135,000	£264,629	49% below HPI

39 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 three 39 COVEY WAY sales between September 2010 and September 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 August 2013 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2016 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 39 COVEY WAY?

39 COVEY WAY is 75m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lakenheath, and where 39 COVEY WAY lies on this distribution: 28% of detached houses are smaller than 39 COVEY WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

39 COVEY WAY: Plot and Title Map

39 COVEY WAY sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 39 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 39 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 39 COVEY WAY?

39 COVEY WAY is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 39 on COVEY WAY.