Local market reports › IP area › IP27
Lakenheath market report IP27, Brandon
The IP27 (Lakenheath) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 11,399 HM Land Registry entries for IP27 (Brandon), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the middle 2026 sale in IP27 (Brandon) came in at £230,000, out of 88 registered, up 11% on five years earlier, and the mean stands at £258,200, and by floor area homes here have averaged about £2,920 per square metre over the last five years. The record behind it is 11,399 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
IP27 is a postcode district covering Brandon, Lakenheath, Weeting in Brandon. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where IP27 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in IP27
Across 88 registered 2026 sales, the typical (median) IP27 home went for £230,000. The mean is £258,200, somewhat above it, as happens wherever a market carries an expensive tail.
What a square metre costs in IP27
A square metre of IP27 home has cost about £2,920 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
The national median for England and Wales is £285,000, which puts IP27 19% below the country at large.
IP27's median sold price, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £230,000 | £230,000 | 88 |
| 2025 | £240,000 | £245,739 | 304 |
| 2024 | £230,000 | £244,537 | 253 |
| 2023 | £230,000 | £252,714 | 248 |
| 2022 | £235,000 | £275,564 | 293 |
| 2021 | £207,500 | £262,722 | 325 |
| 2020 | £192,200 | £249,383 | 282 |
| 2019 | £187,200 | £245,374 | 299 |
| 2018 | £189,000 | £251,941 | 449 |
| 2017 | £173,000 | £235,955 | 437 |
| 2016 | £160,000 | £223,842 | 392 |
| 2015 | £142,000 | £200,646 | 423 |
| 2014 | £125,000 | £177,334 | 421 |
| 2013 | £125,000 | £179,863 | 283 |
| 2012 | £125,000 | £183,984 | 226 |
| 2011 | £121,000 | £182,663 | 293 |
| 2010 | £125,000 | £196,032 | 202 |
| 2009 | £125,000 | £200,939 | 211 |
| 2008 | £136,000 | £222,933 | 223 |
| 2007 | £137,800 | £233,747 | 479 |
| 2006 | £130,000 | £225,663 | 484 |
| 2005 | £125,000 | £222,450 | 409 |
| 2004 | £130,000 | £236,105 | 448 |
| 2003 | £107,000 | £197,120 | 589 |
| 2002 | £87,200 | £164,066 | 508 |
| 2001 | £68,000 | £130,727 | 570 |
| 2000 | £60,000 | £117,750 | 502 |
| 1999 | £51,500 | £102,637 | 430 |
| 1998 | £49,000 | £98,910 | 367 |
| 1997 | £46,500 | £95,362 | 350 |
| 1996 | £43,000 | £90,685 | 301 |
| 1995 | £45,000 | £97,823 | 310 |
In cash terms the typical IP27 home went from £45,000 in 1995 to £230,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 135%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2022, and today's median remains roughly 17% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the IP27 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+28.2% on the year before); the weakest, 2009 (−8.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −4.2% | −6.4% |
| 5 years (since 2021) | +2.1% | −2.6% |
| 10 years (since 2016) | +3.7% | +0.3% |
| 20 years (since 2006) | +2.9% | +0.1% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of detached houses dominate the record here, 46% of the typed total. In 2025, the last year both were recorded here, a detached home traded at £265,000 against £120,000 for a flat, 2.2 times the price.
Median by property type, IP27
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £282,500 | 40 | 5,258 |
| Semi-detached | £206,000 | 30 | 3,025 |
| Terraced | £176,000 | 16 | 2,765 |
| Flats | £120,000 (2025) | – | 349 |
Transaction volumes
Sales per year, counted
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The monthly pulse, last five years
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
IP27 recorded 205 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 499 sales a year before the financial crisis and 237 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
How IP27 trades
In its area's price order IP27 comes 32 of 33, towards the cheaper end of the table.
The rental side of IP27
IP27 falls under West Suffolk, where the ONS puts the average private rent at £1,177 a month (May 2026 figures). Size sets most of the rent: one-beds average £813 a month here against £1,848 for four or more bedrooms.
Average monthly rent by size, West Suffolk
ONS Price Index of Private Rents, May 2026.
Against the £230,000 median purchase price, a rent of £1,177 a month (£14,124 a year) works out at a 6.1% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
What people ask about IP27 (Lakenheath)
Is IP27 (Lakenheath) a good place to buy a house?
How much did a house sell for in IP27 (Lakenheath)?
Are property prices falling in IP27 (Lakenheath)?
The questions people bring to IP27 (Lakenheath)
These are the recorded searches for the wider IP report family, answered with this page's own figures.
ipswich rental market
comes up in the searches for this page. The current ONS figure for West Suffolk is £1,177 a month on average, which is a 6.1% gross yield at the local median; sizes and caveats are in the rent section below.
Search phrases quoted verbatim from Google Search Console for this site (last 16 months); each is answered from the page's own Land Registry figures.
What happens to IP27 prices now?
That question has no honest answer, only evidence. The evidence: the median is up 11% over five years in cash but down 12% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
On the market in IP27 today
Everything above is what homes in IP27 sold for. This is what you could actually buy today: 52 homes currently on the market from 6 agents publishing to HomesIndex, at a typical asking price 9% above the IP27 median sold price.
21% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every IP27 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
What another bedroom costs in IP
Real sold prices by size across the IP area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £297,500 | £400,000 (+34%) | £587,000 (+47%) | £800,000 (+36%) |
| Semi-detached | £215,000 | £252,000 (+17%) | £295,000 (+17%) | £380,750 (+29%) | £527,500 (+39%) |
| Terraced | £195,000 | £220,000 (+13%) | £260,000 (+18%) | £337,500 (+30%) | £510,000 (+51%) |
| Flat | £136,750 | £180,000 (+32%) | £290,000 (+61%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
IP27 ranks 5 of 33 in the IP area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the IP area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside IP27, sector by sector
The next slice down is the postcode sector: a group of streets, each with its own report. Two sectors a short walk apart can trade at sharply different prices.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| IP27 0 | £225,000 | 59 |
| IP27 9 | £245,000 | 29 |
How IP27 compares nearby
Same city, different markets. The dearest districts of the IP area, and IP27 itself, which ranks 32 of 33 by median price:
| District | Median | 5-year |
|---|---|---|
| IP15 | £543,200 | +25% |
| IP10 | £480,000 | +7% |
| IP29 | £418,800 | +13% |
| IP13 | £370,000 | -3% |
| IP5 | £345,000 | +13% |
| IP31 | £343,500 | +1% |
| IP18 | £335,000 | -33% |
| IP30 | £330,000 | -6% |
| IP12 | £327,500 | -8% |
| IP8 | £325,000 | +8% |
| IP9 | £325,000 | -1% |
| IP17 | £325,000 | +0% |
| IP7 | £320,000 | -6% |
| IP21 | £312,800 | -3% |
| IP23 | £307,500 | -7% |
| IP22 | £294,000 | -2% |
| IP14 | £280,000 | +2% |
| IP20 | £280,000 | +0% |
| IP33 | £280,000 | -3% |
| IP28 | £276,900 | +4% |
| IP32 | £275,000 | -10% |
| IP11 | £271,200 | +2% |
| IP16 | £269,000 | +0% |
| IP27 (this report) | £230,000 | +11% |
Selling a home in IP27? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at IP27's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Estate agents working IP27: the featured spot on this report is free for founding agents, one per district. Claim IP27.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to IP27. Free after a one click sign in.
See every individual IP27 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.