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
7A WINGS ROAD is a very large extended detached house of 145m², built sometime between 1996 and 2002. It was last sold for £187,000 in October 2003, which was around 13% below the average October 2003 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 7A WINGS ROAD since 1st 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 7A 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 |
---|---|---|---|
2003 17 OCT | £187,000 | £214,945 | 13% below HPI |
2001 23 JAN | £55,000 | £135,713 | 59% 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 two 7A WINGS ROAD sales from January 2001 and October 2003 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 2001 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the October 2003 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
7A WINGS ROAD is 145m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 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 7A WINGS ROAD lies on this distribution: 88% of detached houses are smaller than 7A WINGS ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.
7A WINGS ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 7A 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 7A 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.
7A WINGS ROAD is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 7A on WINGS ROAD.