OLD WILLOW, DRIFT ROAD, LAKENHEATH, BRANDON, IP27 9JL - £275,000

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

OLD WILLOW is a very large detached house of 137m², built sometime between 1983 and 1990. It was last sold for £275,000 in December 2006, which was around 4% above the average December 2006 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

OLD WILLOW Sold Prices

Land registry data shows two sales for OLD WILLOW 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 OLD WILLOW sales were 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
2006 1 DEC	£275,000	£263,575	4% above HPI
2002 22 MAR	£179,995	£164,099	10% above HPI

OLD WILLOW 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 OLD WILLOW sales from March 2002 and December 2006 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 March 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2006 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is OLD WILLOW?

OLD WILLOW is 137m² according to the EPC inspection conducted in June 2023. 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 OLD WILLOW lies on this distribution: 85% of detached houses are smaller than OLD WILLOW, and 15% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

OLD WILLOW: Plot and Title Map

OLD WILLOW sits on a plot of roughly 0.205 of an acre, or 829m². The below map shows the location of OLD WILLOW, 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 OLD WILLOW). 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 OLD WILLOW?

OLD WILLOW is located on DRIFT ROAD in LAKENHEATH, in the IP27 postcode district. The below map shows the position of OLD WILLOW on DRIFT ROAD.