LUCARNES, MILL STREET, WESTLETON, SAXMUNDHAM, IP17 3BD - £475,000

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.

LUCARNES is a midsized extended detached house of 141m², built sometime between 1967 and 1975, which could now be worth an estimated £468,910. It was last sold for £475,000 in April 2024, which was around 15% above the average April 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was E, and the potential energy rating was B.

LUCARNES Sold Prices

Land registry data shows two sales for LUCARNES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two LUCARNES 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
2024 16 APR	£475,000	£413,293	15% above HPI
1996 5 NOV	£95,000	£77,091	23% above HPI

LUCARNES Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two LUCARNES sales from November 1996 and April 2024 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 November 1996 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the April 2024 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might LUCARNES be worth now?

LUCARNES might now be worth an estimated £468,910.

This is based on house price deflation of 1.3%, between April 2024 and May 2026, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% deflationary decrease is applied to the most recent sale price for LUCARNES of £475,000 on 16th April 2024. For the value to have decreased from £475,000 to £468,910 over the one year and eleven months to May 2026, the following assumptions must hold true:

• The value of LUCARNES has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The April 2024 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of LUCARNES has not materially changed since April 2024.

How Large is LUCARNES?

LUCARNES is 141m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 50% of detached houses houses in Westleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westleton, and where LUCARNES lies on this distribution: 48% of detached houses houses are smaller than LUCARNES, and 50% of houses are larger. Note that EPC data is not available for all properties in Westleton.

LUCARNES: Plot and Title Map

LUCARNES sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of LUCARNES, 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 LUCARNES). 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 LUCARNES?

LUCARNES is located on MILL STREET in WESTLETON, in the IP17 postcode district. The below map shows the position of LUCARNES on MILL STREET.