3B, LILAC DRIVE, LAKENHEATH, BRANDON, IP27 9DX - £223,000

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

3B LILAC DRIVE is a very large extended detached house of 130m², built sometime from 2007 onwards. It was last sold for £223,000 in February 2014, which was around 19% below the average February 2014 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

3B LILAC DRIVE Sold Prices

Land registry data shows two sales for 3B LILAC DRIVE 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 3B LILAC DRIVE 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
2014 28 FEB	£223,000	£275,806	19% below HPI
2007 31 AUG	£220,000	£274,993	20% below HPI

3B LILAC DRIVE 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 3B LILAC DRIVE sales from August 2007 and February 2014 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 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2014 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3B LILAC DRIVE?

3B LILAC DRIVE is 130m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 20% of detached houses in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lakenheath, and where 3B LILAC DRIVE lies on this distribution: 81% of detached houses are smaller than 3B LILAC DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

3B LILAC DRIVE: Plot and Title Map

3B LILAC DRIVE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 3B LILAC DRIVE, 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 3B LILAC DRIVE). 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 3B LILAC DRIVE?

3B LILAC DRIVE is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 3B on LILAC DRIVE.