14, LILAC DRIVE, LAKENHEATH, BRANDON, IP27 9DX - £225,000

14 LILAC DRIVE is a midsized detached house of 81m², built sometime between 1996 and 2002. It was last sold for £225,000 in December 2020, which was around 44% below the average December 2020 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was A.

14 LILAC DRIVE Sold Prices

Land registry data shows three sales for 14 LILAC DRIVE since 1^st 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. All of the three 14 LILAC 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
2020 11 DEC	£225,000	£398,337	44% below HPI
2004 28 JAN	£152,000	£219,448	31% below HPI
2000 24 NOV	£96,950	£134,773	28% below HPI

14 LILAC 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 three 14 LILAC DRIVE sales between November 2000 and December 2020 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 January 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2020 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 14 LILAC DRIVE?

14 LILAC DRIVE is 81m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 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 14 LILAC DRIVE lies on this distribution: 41% of detached houses are smaller than 14 LILAC DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

14 LILAC DRIVE: Plot and Title Map

14 LILAC DRIVE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 14 LILAC 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 14 LILAC 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 14 LILAC DRIVE?

14 LILAC DRIVE is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 14 on LILAC DRIVE.