18, MAGNOLIA DRIVE, RENDLESHAM, WOODBRIDGE, IP12 2GB - £225,000

18 MAGNOLIA DRIVE is a very small extended detached house of 117m², built sometime between 2003 and 2006. It was last sold for £225,000 in November 2012, which was around 10% below the average November 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

18 MAGNOLIA DRIVE Sold Prices

Land registry data shows two sales for 18 MAGNOLIA DRIVE 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 18 MAGNOLIA DRIVE 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
2012 15 NOV	£225,000	£250,298	10% below HPI
2005 21 APR	£188,500	£217,897	13% below HPI

18 MAGNOLIA DRIVE 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 18 MAGNOLIA DRIVE sales from April 2005 and November 2012 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 April 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2012 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 18 MAGNOLIA DRIVE?

18 MAGNOLIA DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses in Rendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Rendlesham, and where 18 MAGNOLIA DRIVE lies on this distribution: 19% of detached houses are smaller than 18 MAGNOLIA DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Rendlesham.

18 MAGNOLIA DRIVE: Plot and Title Map

18 MAGNOLIA DRIVE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 18 MAGNOLIA DRIVE, 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 18 MAGNOLIA DRIVE). 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 18 MAGNOLIA DRIVE?

18 MAGNOLIA DRIVE is located in RENDLESHAM, in the IP12 postcode district. The below map shows the position of No. 18 on MAGNOLIA DRIVE.