8, GARRISON LANE, FELIXSTOWE, IP11 7SJ - £159,000

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

8 GARRISON LANE is a midsized extended detached house of 109m², built sometime between 1900 and 1929. It was last sold for £159,000 in April 2016, which was around 48% below the average April 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

8 GARRISON LANE Sold Prices

Land registry data shows four sales for 8 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. All of the four 8 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
2016 22 APR	£159,000	£308,034	48% below HPI
2006 17 FEB	£163,000	£222,076	27% below HPI
2002 19 AUG	£120,000	£162,008	26% below HPI
1996 10 OCT	£18,000	£76,638	77% below HPI

8 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 8 GARRISON LANE sales between October 1996 and April 2016 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 February 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2016 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 8 GARRISON LANE?

8 GARRISON LANE is 109m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Felixstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Felixstowe, and where 8 GARRISON LANE lies on this distribution: 50% of detached houses are smaller than 8 GARRISON LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Felixstowe.

8 GARRISON LANE: Plot and Title Map

8 GARRISON LANE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 8 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 8 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 8 GARRISON LANE?

8 GARRISON LANE is located in FELIXSTOWE, in the IP11 postcode district. The below map shows the position of No. 8 on GARRISON LANE.