8, LARCH CLOSE, LAKENHEATH, BRANDON, IP27 9HU - £227,000

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 LARCH CLOSE is a small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £227,000 in May 2019, which was around 40% below the average May 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

8 LARCH CLOSE Sold Prices

Land registry data shows three sales for 8 LARCH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three 8 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
2019 13 MAY	£227,000	£381,106	40% below HPI
2015 24 JUN	£146,000	£313,650	53% below HPI
1996 6 DEC	£45,000	£83,781	46% below HPI

8 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 three 8 LARCH CLOSE sales between December 1996 and May 2019 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 June 2015 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the May 2019 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 8 LARCH CLOSE?

8 LARCH CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 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 LARCH CLOSE lies on this distribution: 28% of detached houses are smaller than 8 LARCH CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

8 LARCH CLOSE: Plot and Title Map

8 LARCH CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 8 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 8 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 8 LARCH CLOSE?

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