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 WINGS ROAD is a very large extended detached house of 156m², built sometime from 2012 onwards. It was last sold for £350,000 in March 2023, which was around 23% below the average March 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 4 WINGS ROAD since 1st 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 WINGS ROAD 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 31 MAR | £350,000 | £454,138 | 23% below HPI |
2013 7 OCT | £272,500 | £273,958 | 1% below HPI |
2013 26 FEB | £249,000 | £265,047 | 6% below HPI |
2011 22 DEC | £60,000 | £255,587 | 77% below HPI |
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 WINGS ROAD sales between December 2011 and March 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 October 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
4 WINGS ROAD is 156m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 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 WINGS ROAD lies on this distribution: 90% of detached houses are smaller than 4 WINGS ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.
4 WINGS ROAD sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 4 WINGS ROAD, 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 WINGS ROAD). 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.
4 WINGS ROAD is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 4 on WINGS ROAD.