LATIMER HOUSE, MARTELLO LANE, FELIXSTOWE, IP11 7ND - £1,800,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LATIMER HOUSE is a very large detached house of 597m², built sometime before 1900, which could now be worth an estimated £2,519,672. It was last sold for £1,800,000 in October 2015, which was around 496% above the average October 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was C.

LATIMER HOUSE Sold Prices

Land registry data shows three sales for LATIMER HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three LATIMER HOUSE sales were for above 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 26 OCT	£1,800,000	£302,215	496% above HPI
2006 1 SEP	£1,900,000	£237,073	701% above HPI
2002 16 APR	£1,500,000	£147,366	918% above HPI

LATIMER HOUSE 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 three LATIMER HOUSE sales between April 2002 and October 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 September 2006 sale was for 701% above the HPI. So the extrapolation line tracks at 701% above the HPI over time, until the October 2015 sale, where it falls to 496% above the HPI. The line then continues to track at 496% above the HPI.

What might LATIMER HOUSE be worth now?

LATIMER HOUSE might now be worth an estimated £2,519,672.

This is based on house price inflation of 40%, between October 2015 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40% inflationary increase is applied to the most recent sale price for LATIMER HOUSE of £1,800,000 on 26th October 2015. For the value to have increased from £1,800,000 to £2,519,672 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of LATIMER HOUSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2015 sale price of £1,800,000 represented a fair market value for the property.
• The size, condition, and specification of LATIMER HOUSE has not materially changed since October 2015.

How Large is LATIMER HOUSE?

LATIMER HOUSE is 597m² according to the EPC inspection conducted in June 2012. This puts it in the largest 10% of detached houses houses in Felixstowe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Felixstowe, and where LATIMER HOUSE lies on this distribution: More than 99% of detached houses houses are smaller than LATIMER HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Felixstowe.

LATIMER HOUSE: Plot and Title Map

LATIMER HOUSE sits on a plot of roughly 1.4 acres, or 5,755m². The below map shows the location of LATIMER HOUSE, 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 LATIMER HOUSE). 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 LATIMER HOUSE?

LATIMER HOUSE is located on MARTELLO LANE in FELIXSTOWE, in the IP11 postcode district. The below map shows the position of LATIMER HOUSE on MARTELLO LANE.