7, LARCH CLOSE, LAKENHEATH, BRANDON, IP27 9HU - £240,000

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

7 LARCH CLOSE is a midsized extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £240,000 in July 2017, which was around 35% below the average July 2017 detached price in the West Suffolk local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was B.

7 LARCH CLOSE Sold Prices

Land registry data shows six sales for 7 LARCH CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the six 7 LARCH CLOSE 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
2017 27 JUL	£240,000	£367,904	35% below HPI
2006 31 JAN	£172,000	£241,110	29% below HPI
2003 28 NOV	£127,500	£213,992	40% below HPI
2001 31 AUG	£86,500	£146,986	41% below HPI
1996 2 AUG	£46,000	£83,915	45% below HPI
1996 15 MAR	£47,000	£81,383	42% below HPI

7 LARCH CLOSE 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 six 7 LARCH CLOSE sales between March 1996 and July 2017 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 January 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2017 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 LARCH CLOSE?

7 LARCH CLOSE is 83m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the smallest 50% of detached houses in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lakenheath, and where 7 LARCH CLOSE lies on this distribution: 43% of detached houses are smaller than 7 LARCH CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

7 LARCH CLOSE: Plot and Title Map

7 LARCH CLOSE sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 7 LARCH CLOSE, 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 7 LARCH CLOSE). 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 7 LARCH CLOSE?

7 LARCH CLOSE is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 7 on LARCH CLOSE.