20, MAGNOLIA DRIVE, RENDLESHAM, WOODBRIDGE, IP12 2GB - £263,000

20 MAGNOLIA DRIVE is a very small detached house of 116m², built sometime between 2003 and 2006. It was last sold for £263,000 in July 2015, which was around 11% below the average July 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

20 MAGNOLIA DRIVE Sold Prices

Land registry data shows three sales for 20 MAGNOLIA DRIVE 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 20 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
2015 27 JUL	£263,000	£296,792	11% below HPI
2011 28 OCT	£215,000	£253,599	15% below HPI
2005 13 OCT	£188,000	£227,208	17% below HPI

20 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 three 20 MAGNOLIA DRIVE sales between October 2005 and July 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 October 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 20 MAGNOLIA DRIVE?

20 MAGNOLIA DRIVE is 116m² according to the EPC inspection conducted in May 2015. 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 20 MAGNOLIA DRIVE lies on this distribution: 19% of detached houses are smaller than 20 MAGNOLIA DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Rendlesham.

20 MAGNOLIA DRIVE: Plot and Title Map

20 MAGNOLIA DRIVE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 20 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 20 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 20 MAGNOLIA DRIVE?

20 MAGNOLIA DRIVE is located in RENDLESHAM, in the IP12 postcode district. The below map shows the position of No. 20 on MAGNOLIA DRIVE.