28, MAGNOLIA DRIVE, RENDLESHAM, WOODBRIDGE, IP12 2GB - £230,000

28 MAGNOLIA DRIVE is a small detached house of 121m², built sometime between 2003 and 2006. It was last sold for £230,000 in January 2015, which was around 19% below the average January 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

28 MAGNOLIA DRIVE Sold Prices

Land registry data shows three sales for 28 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 28 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 9 JAN	£230,000	£282,606	19% below HPI
2011 31 JAN	£214,000	£249,934	14% below HPI
2005 9 JUN	£187,000	£216,267	14% below HPI

28 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 28 MAGNOLIA DRIVE sales between June 2005 and January 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 January 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 28 MAGNOLIA DRIVE?

28 MAGNOLIA DRIVE is 121m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of detached houses in Rendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Rendlesham, and where 28 MAGNOLIA DRIVE lies on this distribution: 27% of detached houses are smaller than 28 MAGNOLIA DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Rendlesham.

28 MAGNOLIA DRIVE: Plot and Title Map

28 MAGNOLIA DRIVE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 28 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 28 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 28 MAGNOLIA DRIVE?

28 MAGNOLIA DRIVE is located in RENDLESHAM, in the IP12 postcode district. The below map shows the position of No. 28 on MAGNOLIA DRIVE.