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

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

LATIMER HOUSE is a very large detached house of 597m², built sometime before 1900. 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	£302,168	496% above HPI
2006 1 SEP	£1,900,000	£237,036	702% above HPI
2002 16 APR	£1,500,000	£147,343	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 702% above the HPI. So the extrapolation line tracks at 702% 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.

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 in Felixstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Felixstowe, and where LATIMER HOUSE lies on this distribution: More than 99% of detached 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.