2 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP is a freehold terraced property built between 1976-1982. The property offers approximately 596 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £199,672 , which equates to approximately £337 per square foot. It was last sold on 21 Jul 2014 for £130,000. Since then, the value has increased by £69,672, representing a 53.6% increase, or approximately 4.7% per year.

The current estimated value of £199,672 is:

  • 14.2% lower than the average property price on Magnolia Close
  • 9.2% lower than the average in the IP28 8TP postcode area
  • and 41.5% lower than the average price for Bury St. Edmunds as a whole

View sold house prices in IP28 8TP

Building approximate location

About Property

Type
Terraced House
Built
1976-1982
Interior Size
596 sq ft
Tenure
Freehold
Price (estimate)
£199,672
Price Per sq ft (estimate)
£337
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Magnolia Close, Red Lodge, Bury St Edmunds, Forest Heath, Suffolk, IP28 8TP has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 3 Sep 2009.

This property uses electric underfloor heating as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have partial double glazing.

Heating Type
Electric underfloor heating
Poor
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 150mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Partial double glazing
Average
Lighting
Low energy lighting in 9% of fixed outlets
Very Poor

Compared to IP28 8TP

39 th / 44
Price Rank
9% lower than average
30 th / 39
Size Rank
15% smaller than average
23 rd / 39
Price Per Sq FT Rank
7% higher than average

Compared to other properties in IP28 8TP , this house's estimated value ranks 39th out of 44. Based on price per square foot, it ranks 23th out of 39 properties. In terms of size, this home ranks 30th out of 39 properties in its postcode area.

Sale History

Today
£199,672
streetscan.co.uk estimate
+54 %
21 Jul 2014
£130,000
Leasehold
+284 %
9 Feb 1996
£33,850
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 581 sq ft
sale price: £182,500
sale date: 31 Aug 2023
rooms: 3
size: 570 sq ft
sale price: £187,000
sale date: 16 Dec 2020
rooms: 3
size: 611 sq ft
sale price: £140,000
sale date: 18 Aug 2016
rooms: 3
size: 581 sq ft
sale price: £147,000
sale date: 1 Aug 2016
rooms: 4
size: 624 sq ft
sale price: £125,000
sale date: 20 Mar 2015

Data Sources

The property at 2 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP appears two times in the Land Registry records, with the latest transaction recorded on 21 Jul 2014. It also has a single Energy Performance Certificate (EPC) from 3 Sep 2009. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.