12, LACEYS LANE, EXNING, NEWMARKET, CB8 7HL - £274,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 LACEYS LANE is a very small extended terraced house of 82m², built sometime before 1900, which could now be worth an estimated £324,760. It was last sold for £274,995 in July 2019, which was around 42% above the average July 2019 terraced price in the West Suffolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

12 LACEYS LANE Sold Prices

Land registry data shows four sales for 12 LACEYS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. All of the four 12 LACEYS LANE 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
2019 31 JUL	£274,995	£193,832	42% above HPI
2009 10 AUG	£160,000	£117,744	36% above HPI
2002 12 JUL	£118,000	£84,580	40% above HPI
1996 17 DEC	£50,250	£39,197	28% above HPI

12 LACEYS LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Suffolk local authority area over time, sourced from the HPI. The four 12 LACEYS LANE sales between December 1996 and July 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 August 2009 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2019 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 12 LACEYS LANE be worth now?

12 LACEYS LANE might now be worth an estimated £324,760.

This is based on house price inflation of 18.1%, between July 2019 and July 2025, for terraced houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.1% inflationary increase is applied to the most recent sale price for 12 LACEYS LANE of £274,995 on 31st July 2019. For the value to have increased from £274,995 to £324,760 over the six years to July 2025, the following assumptions must hold true:

• The value of 12 LACEYS LANE has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The July 2019 sale price of £274,995 represented a fair market value for the property.
• The size, condition, and specification of 12 LACEYS LANE has not materially changed since July 2019.

How Large is 12 LACEYS LANE?

12 LACEYS LANE is 82m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of terraced houses houses in Exning, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Exning, and where 12 LACEYS LANE lies on this distribution: 4% of terraced houses houses are smaller than 12 LACEYS LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Exning.

12 LACEYS LANE: Plot and Title Map

12 LACEYS LANE sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 12 LACEYS LANE, 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 12 LACEYS LANE). 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 12 LACEYS LANE?

12 LACEYS LANE is located in EXNING, in the CB8 postcode district. The below map shows the position of No. 12 on LACEYS LANE.