73, COVEY WAY, LAKENHEATH, BRANDON, IP27 9HL - £146,500

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

73 COVEY WAY is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £146,500 in March 2015, which was around 53% below the average March 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

73 COVEY WAY Sold Prices

Land registry data shows two sales for 73 COVEY WAY 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 73 COVEY WAY 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
2015 13 MAR	£146,500	£313,461	53% below HPI
2006 11 JAN	£131,000	£241,110	46% below HPI

73 COVEY WAY 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 73 COVEY WAY sales from January 2006 and March 2015 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 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2015 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 73 COVEY WAY?

73 COVEY WAY is 68m² according to the EPC inspection conducted in July 2022. 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 73 COVEY WAY lies on this distribution: 18% of detached houses are smaller than 73 COVEY WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

73 COVEY WAY: Plot and Title Map

73 COVEY WAY sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 73 COVEY WAY, 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 73 COVEY WAY). 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 73 COVEY WAY?

73 COVEY WAY is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 73 on COVEY WAY.