8, BACK STREET, LAKENHEATH, BRANDON, IP27 9HB - £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

8 BACK STREET is a large detached house of 110m², built sometime before 1900. It was last sold for £240,000 in December 2023, which was around 46% below the average December 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was D.

8 BACK STREET Sold Prices

Land registry data shows five sales for 8 BACK STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the five 8 BACK STREET 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
2023 1 DEC	£240,000	£447,128	46% below HPI
2015 13 FEB	£178,000	£309,053	42% below HPI
2010 29 NOV	£154,000	£264,159	42% below HPI
2004 30 JAN	£138,000	£219,448	37% below HPI
2002 21 MAR	£81,000	£164,099	51% below HPI

8 BACK STREET 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 five 8 BACK STREET sales between March 2002 and December 2023 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 February 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2023 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 8 BACK STREET?

8 BACK STREET is 110m² according to the EPC inspection conducted in January 2023. This puts it in the largest 30% of detached houses in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lakenheath, and where 8 BACK STREET lies on this distribution: 71% of detached houses are smaller than 8 BACK STREET, and 29% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

8 BACK STREET: Plot and Title Map

8 BACK STREET sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 8 BACK STREET, 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 8 BACK STREET). 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 8 BACK STREET?

8 BACK STREET is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 8 on BACK STREET.