55, GARRISON LANE, FELIXSTOWE, IP11 7RR - £385,000

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

55 GARRISON LANE is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £385,000 in April 2024, which was around 8% below the average April 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

55 GARRISON LANE Sold Prices

Land registry data shows four sales for 55 GARRISON LANE since 1^st 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. Most of the four 55 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
2024 5 APR	£385,000	£417,473	8% below HPI
2020 5 OCT	£340,000	£373,131	9% below HPI
2018 31 JUL	£325,000	£354,036	8% below HPI
2005 18 FEB	£249,500	£225,682	11% above HPI

55 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 four 55 GARRISON LANE sales between February 2005 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 October 2020 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2024 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 55 GARRISON LANE?

55 GARRISON LANE is 84m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses in Felixstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Felixstowe, and where 55 GARRISON LANE lies on this distribution: 20% of detached houses are smaller than 55 GARRISON LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Felixstowe.

55 GARRISON LANE: Plot and Title Map

55 GARRISON LANE sits on a plot of roughly 0.202 of an acre, or 818m². The below map shows the location of 55 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 55 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 55 GARRISON LANE?

55 GARRISON LANE is located in FELIXSTOWE, in the IP11 postcode district. The below map shows the position of No. 55 on GARRISON LANE.