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
9 BACK STREET is a midsized detached house of 99m², built sometime between 1967 and 1975. It was last sold for £282,500 in April 2023, which was around 38% below the average April 2023 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 9 BACK STREET since 1st 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. Two of the three 9 BACK STREET sales were for below the average price, whilst one was for above 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 28 APR | £282,500 | £454,761 | 38% below HPI |
2020 7 AUG | £245,000 | £388,427 | 37% below HPI |
2017 24 NOV | £10,000,000 | £378,841 | 2540% above HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three 9 BACK STREET sales between November 2017 and April 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 August 2020 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
9 BACK STREET is 99m² according to the EPC inspection conducted in July 2019. This puts it in the largest 50% of detached houses in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lakenheath, and where 9 BACK STREET lies on this distribution: 59% of detached houses are smaller than 9 BACK STREET, and 40% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.
9 BACK STREET sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 9 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 9 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.
9 BACK STREET is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 9 on BACK STREET.