51, BROOM ROAD, LAKENHEATH, BRANDON, IP27 9EZ - £250,000

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

51 BROOM ROAD is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2022, which was around 43% below the average May 2022 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

51 BROOM ROAD Sold Prices

Land registry data shows two sales for 51 BROOM ROAD 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 51 BROOM 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
2022 18 MAY	£250,000	£440,834	43% below HPI
2014 31 OCT	£129,500	£305,020	58% below HPI

51 BROOM ROAD 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 51 BROOM ROAD sales from October 2014 and May 2022 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 2014 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the May 2022 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 51 BROOM ROAD?

51 BROOM ROAD is 64m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 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 51 BROOM ROAD lies on this distribution: 12% of detached houses are smaller than 51 BROOM ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

51 BROOM ROAD: Plot and Title Map

51 BROOM ROAD sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 51 BROOM 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 51 BROOM 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.

Where is 51 BROOM ROAD?

51 BROOM ROAD is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 51 on BROOM ROAD.