MAGNOLIAS, LONG GREEN, WORTHAM, DISS, IP22 1PP - £80,000

MAGNOLIAS is a large extended detached house of 220m², built sometime between 1991 and 1995. It was last sold for £80,000 in January 2002, which was around 49% below the average January 2002 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

MAGNOLIAS Sold Prices

Land registry data shows three sales for MAGNOLIAS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the three MAGNOLIAS sales was for below the average price, whilst two 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
2002 4 JAN	£80,000	£157,899	49% below HPI
1998 1 MAY	£145,000	£93,146	56% above HPI
1995 11 MAY	£100,000	£76,552	31% above HPI

MAGNOLIAS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three MAGNOLIAS sales between May 1995 and January 2002 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 1998 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the January 2002 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is MAGNOLIAS?

MAGNOLIAS is 220m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 30% of detached houses in Wortham, based on EPC data. The below chart shows the distribution of detached houses by size in Wortham, and where MAGNOLIAS lies on this distribution: 77% of detached houses are smaller than MAGNOLIAS, and 23% of houses are larger. Note that EPC data is not available for all properties in Wortham.

MAGNOLIAS: Plot and Title Map

MAGNOLIAS sits on a plot of roughly 0.296 of an acre, or 1,199m². 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 LONG GREEN in WORTHAM, in the IP22 postcode district. The below map shows the position of MAGNOLIAS on LONG GREEN.