21, MAGNOLIA DRIVE, RENDLESHAM, WOODBRIDGE, IP12 2GB - £166,000

21 MAGNOLIA DRIVE is a very small detached house of 74m², built sometime between 2003 and 2006. It was last sold for £166,000 in October 2015, which was around 45% below the average October 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

21 MAGNOLIA DRIVE Sold Prices

Land registry data shows two sales for 21 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 21 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 19 OCT	£166,000	£302,168	45% below HPI
2006 5 APR	£138,000	£220,185	37% below HPI

21 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 21 MAGNOLIA DRIVE sales from April 2006 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 April 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2015 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 21 MAGNOLIA DRIVE?

21 MAGNOLIA DRIVE is 74m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses in Rendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Rendlesham, and where 21 MAGNOLIA DRIVE lies on this distribution: 2% of detached houses are smaller than 21 MAGNOLIA DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Rendlesham.

21 MAGNOLIA DRIVE: Plot and Title Map

21 MAGNOLIA DRIVE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 21 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 21 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 21 MAGNOLIA DRIVE?

21 MAGNOLIA DRIVE is located in RENDLESHAM, in the IP12 postcode district. The below map shows the position of No. 21 on MAGNOLIA DRIVE.