8, THE GRANGE, LAKENHEATH, BRANDON, IP27 9BT - £280,000

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 THE GRANGE is a very large detached house of 147m². It was last sold for £280,000 in January 2016, which was around 15% below the average January 2016 detached price in the West Suffolk local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was B.

8 THE GRANGE Sold Prices

Land registry data shows two sales for 8 THE GRANGE 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 8 THE GRANGE 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
2016 28 JAN	£280,000	£328,536	15% below HPI
2010 12 FEB	£250,000	£253,397	1% below HPI

8 THE GRANGE 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 8 THE GRANGE sales from February 2010 and January 2016 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 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 THE GRANGE?

8 THE GRANGE is 147m² according to the EPC inspection conducted in September 2009. 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 8 THE GRANGE lies on this distribution: 89% of detached houses are smaller than 8 THE GRANGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

8 THE GRANGE: Plot and Title Map

8 THE GRANGE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 8 THE GRANGE, 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 THE GRANGE). 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 THE GRANGE?

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