38, GARRISON LANE, FELIXSTOWE, IP11 7RP - £360,000

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

38 GARRISON LANE is a large extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £360,000 in October 2022, which was around 18% below the average October 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

38 GARRISON LANE Sold Prices

Land registry data shows two sales for 38 GARRISON LANE 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 38 GARRISON LANE 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
2022 27 OCT	£360,000	£439,903	18% below HPI
2003 10 JAN	£167,500	£178,064	6% below HPI

38 GARRISON LANE 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 38 GARRISON LANE sales from January 2003 and October 2022 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 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 38 GARRISON LANE?

38 GARRISON LANE is 120m², which includes one extension, according to the EPC inspection conducted in April 2022. 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 38 GARRISON LANE lies on this distribution: 61% of detached houses are smaller than 38 GARRISON LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Felixstowe.

38 GARRISON LANE: Plot and Title Map

38 GARRISON LANE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 38 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 38 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.

Where is 38 GARRISON LANE?

38 GARRISON LANE is located in FELIXSTOWE, in the IP11 postcode district. The below map shows the position of No. 38 on GARRISON LANE.