MAGNOLIAS, HALL LANE, WITNESHAM, IPSWICH, IP6 9HN - £600,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MAGNOLIAS is a large extended detached house of 161m², built sometime between 1967 and 1975, which could now be worth an estimated £606,913. It was last sold for £600,000 in May 2023, which was around 44% above the average May 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

MAGNOLIAS Sold Prices

Land registry data shows two sales for MAGNOLIAS 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 MAGNOLIAS 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
2023 5 MAY	£600,000	£415,995	44% above HPI
1996 3 MAY	£94,000	£74,240	27% above HPI

MAGNOLIAS 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 MAGNOLIAS sales from May 1996 and May 2023 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 May 1996 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2023 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might MAGNOLIAS be worth now?

MAGNOLIAS might now be worth an estimated £606,913.

This is based on house price inflation of 1.2%, between May 2023 and July 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% inflationary increase is applied to the most recent sale price for MAGNOLIAS of £600,000 on 5th May 2023. For the value to have increased from £600,000 to £606,913 over the one year and ten months to July 2025, the following assumptions must hold true:

• The value of MAGNOLIAS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2023 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of MAGNOLIAS has not materially changed since May 2023.

How Large is MAGNOLIAS?

MAGNOLIAS is 161m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of detached houses houses in Witnesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witnesham, and where MAGNOLIAS lies on this distribution: 63% of detached houses houses are smaller than MAGNOLIAS, and 35% of houses are larger. Note that EPC data is not available for all properties in Witnesham.

MAGNOLIAS: Plot and Title Map

MAGNOLIAS sits on a plot of roughly 0.271 of an acre, or 1,095m². The below map shows the location of MAGNOLIAS, 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 MAGNOLIAS). 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 MAGNOLIAS?

MAGNOLIAS is located on HALL LANE in WITNESHAM, in the IP6 postcode district. The below map shows the position of MAGNOLIAS on HALL LANE.