12, PALMER DRIVE, LAKENHEATH, BRANDON, IP27 9JY - £194,000

12 PALMER DRIVE is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £194,000 in June 2021, which was around 52% below the average June 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

12 PALMER DRIVE Sold Prices

Land registry data shows two sales for 12 PALMER DRIVE 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 12 PALMER DRIVE 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 25 JUN	£194,000	£400,098	52% below HPI
2015 24 MAR	£123,000	£313,461	61% below HPI

12 PALMER DRIVE 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 12 PALMER DRIVE sales from March 2015 and June 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 March 2015 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the June 2021 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 12 PALMER DRIVE?

12 PALMER DRIVE is 59m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Lakenheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lakenheath, and where 12 PALMER DRIVE lies on this distribution: 4% of detached houses are smaller than 12 PALMER DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

12 PALMER DRIVE: Plot and Title Map

12 PALMER DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 12 PALMER DRIVE, 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 PALMER DRIVE). 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 PALMER DRIVE?

12 PALMER DRIVE is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 12 on PALMER DRIVE.