40, ARROWHEAD DRIVE, LAKENHEATH, BRANDON, IP27 9JN - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 ARROWHEAD DRIVE is a small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £274,023. It was last sold for £245,000 in May 2021, which was around 39% below the average May 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

40 ARROWHEAD DRIVE Sold Prices

Land registry data shows two sales for 40 ARROWHEAD 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 40 ARROWHEAD 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
2021 7 MAY	£245,000	£402,801	39% below HPI
2017 25 AUG	£170,000	£376,080	55% below HPI

40 ARROWHEAD 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 40 ARROWHEAD DRIVE sales from August 2017 and May 2021 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 2017 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the May 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 40 ARROWHEAD DRIVE be worth now?

40 ARROWHEAD DRIVE might now be worth an estimated £274,023.

This is based on house price inflation of 11.8%, between May 2021 and February 2025, 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 11.8% inflationary increase is applied to the most recent sale price for 40 ARROWHEAD DRIVE of £245,000 on 7th May 2021. For the value to have increased from £245,000 to £274,023 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 40 ARROWHEAD DRIVE has moved in line with the HPI for detached houses in the West Suffolk local authority area.
• The May 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 40 ARROWHEAD DRIVE has not materially changed since May 2021.

How Large is 40 ARROWHEAD DRIVE?

40 ARROWHEAD DRIVE is 78m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% 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 40 ARROWHEAD DRIVE lies on this distribution: 35% of detached houses houses are smaller than 40 ARROWHEAD DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

40 ARROWHEAD DRIVE: Plot and Title Map

40 ARROWHEAD DRIVE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 40 ARROWHEAD 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 40 ARROWHEAD 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 40 ARROWHEAD DRIVE?

40 ARROWHEAD DRIVE is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 40 on ARROWHEAD DRIVE.