9, SCHOOL CLOSE, LAKENHEATH, BRANDON, IP27 9FE - £245,000

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

9 SCHOOL CLOSE is a large detached house of 110m², built sometime from 2007 onwards. It was last sold for £245,000 in November 2021, which was around 43% below the average November 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

9 SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 9 SCHOOL CLOSE 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 9 SCHOOL 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
2021 23 NOV	£245,000	£428,790	43% below HPI
2012 20 FEB	£195,000	£261,467	25% below HPI

9 SCHOOL 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 two 9 SCHOOL CLOSE sales from February 2012 and November 2021 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 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2021 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 9 SCHOOL CLOSE?

9 SCHOOL CLOSE is 110m² according to the EPC inspection conducted in January 2019. 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 9 SCHOOL CLOSE lies on this distribution: 71% of detached houses are smaller than 9 SCHOOL CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

9 SCHOOL CLOSE: Plot and Title Map

9 SCHOOL CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 9 SCHOOL 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 9 SCHOOL 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 9 SCHOOL CLOSE?

9 SCHOOL CLOSE is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 9 on SCHOOL CLOSE.