4, ERISWELL DRIVE, LAKENHEATH, BRANDON, IP27 9AG - £220,000

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

4 ERISWELL DRIVE is a very small detached house of 62m². It was last sold for £220,000 in June 2023, which was around 51% below the average June 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was A.

4 ERISWELL DRIVE Sold Prices

Land registry data shows four sales for 4 ERISWELL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four 4 ERISWELL 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
2023 23 JUN	£220,000	£446,651	51% below HPI
2018 21 JUN	£192,500	£371,949	48% below HPI
2017 2 JUN	£198,000	£361,913	45% below HPI
2013 21 NOV	£95,000	£274,219	65% below HPI

4 ERISWELL 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 four 4 ERISWELL DRIVE sales between November 2013 and June 2023 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 June 2018 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2023 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 4 ERISWELL DRIVE?

4 ERISWELL DRIVE is 62m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lakenheath, and where 4 ERISWELL DRIVE lies on this distribution: 9% of detached houses are smaller than 4 ERISWELL DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

4 ERISWELL DRIVE: Plot and Title Map

4 ERISWELL DRIVE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 4 ERISWELL 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 4 ERISWELL 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 4 ERISWELL DRIVE?

4 ERISWELL DRIVE is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 4 on ERISWELL DRIVE.