Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
117 GARRISON LANE is a midsized detached house of 118m², built sometime between 1930 and 1949. It was last sold for £285,000 in February 2015, which was about the average February 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 117 GARRISON LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. The four 117 GARRISON LANE sales were a mix of roughly equal to the average price, above the average price, and 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 |
---|---|---|---|
2015 27 FEB | £285,000 | £284,841 | Close to HPI |
2014 17 JAN | £215,000 | £262,038 | 18% below HPI |
2001 12 OCT | £129,000 | £141,875 | 9% below HPI |
1995 7 JUL | £77,000 | £75,211 | 2% above HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 117 GARRISON LANE sales between July 1995 and February 2015 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 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
117 GARRISON LANE is 118m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses in Felixstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Felixstowe, and where 117 GARRISON LANE lies on this distribution: 59% of detached houses are smaller than 117 GARRISON LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Felixstowe.
117 GARRISON LANE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 117 GARRISON LANE, 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 117 GARRISON LANE). 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.
117 GARRISON LANE is located in FELIXSTOWE, in the IP11 postcode district. The below map shows the position of No. 117 on GARRISON LANE.