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Land for sale High Street, Lakenheath, IP27

Asking price

£300,000

Added on 27/09/2026

Type: Land
Bedrooms: Studio
Bathrooms: 0
Tenure: Freehold

About this property

Exciting Development Opportunity: 0.5-Acre Cleared Site with Incredible Potential

Location: Lakenheath

Agent: EweMove Sales and Lettings (Mildenhall & Brandon)

The Opportunity

Positioned in a highly desirable and well-connected location, this 0.5-acre parcel of land is being offered to the market in a completely cleared state. Presenting a fantastic blank canvas for developers or self-builders alike, this site represents a rare chance to secure a substantial plot with a clear pathway to value appreciation.

Council tax

Ask agent

Per year

Band A

£1,568
Band B

£1,829
Band C

£2,090
Band D

£2,351
Band E

£2,874
Band F

£3,397
Band G

£3,919
Band H

£4,703

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In West Suffolk, 2026/27 bills run from £1,568 a year in band A to £4,703 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across West Suffolk, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

High Street, Lakenheath, IP27

Open map Street View

Mortgage and stamp duty

Property price £300,000

£150k £450k

Deposit10% £30,000

£0 £300k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £270,000 mortgage. Most lenders would want a household income of about £60,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 1, Lloyds Place, 19, High Street Flat / maisonette	Flat / maisonette	Jun 2025	506 sq ft £277/sq ft	506 sq ft	£277	£140,000
21, High Street Detached	Detached	Feb 2025	1,281 sq ft £178/sq ft	1,281 sq ft	£178	£227,500
Flat 2, Lloyds Place, 19, High Street Flat / maisonette	Flat / maisonette	Jul 2024	420 sq ft £351/sq ft	420 sq ft	£351	£147,500
15, High Street Detached	Detached	Sept 2022	2,142 sq ft £234/sq ft	2,142 sq ft	£234	£501,780
35, High Street Terraced	Terraced	Dec 2021	786 sq ft £197/sq ft	786 sq ft	£197	£154,500
31, High Street Terraced	Terraced	Oct 2021	829 sq ft £253/sq ft	829 sq ft	£253	£210,000
13, High Street Detached	Detached	Jun 2021	n/a	n/a	n/a	£640,000
Rose Cottage, 16, High Street Detached	Detached	Apr 2021	1,324 sq ft £113/sq ft	1,324 sq ft	£113	£150,000