1C, LILAC DRIVE, LAKENHEATH, BRANDON, IP27 9DX - £240,000

1C LILAC DRIVE is a very large detached house of 133m², built sometime between 1983 and 1990. It was last sold for £240,000 in January 2021, which was around 40% below the average January 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

1C LILAC DRIVE Sold Prices

Land registry data shows four sales for 1C LILAC DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four 1C 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
2021 29 JAN	£240,000	£397,229	40% below HPI
2006 21 JUL	£210,000	£245,011	14% below HPI
2004 2 JUN	£171,000	£226,845	25% below HPI
2001 14 DEC	£139,000	£152,284	9% below HPI

1C 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 four 1C LILAC DRIVE sales between December 2001 and January 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 July 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 1C LILAC DRIVE?

1C LILAC DRIVE is 133m² according to the EPC inspection conducted in November 2020. 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 1C LILAC DRIVE lies on this distribution: 83% of detached houses are smaller than 1C LILAC DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Lakenheath.

1C LILAC DRIVE: Plot and Title Map

1C LILAC DRIVE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 1C 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 1C 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 1C LILAC DRIVE?

1C LILAC DRIVE is located in LAKENHEATH, in the IP27 postcode district. The below map shows the position of No. 1C on LILAC DRIVE.