22 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP is a freehold terraced property built between 1976-1982. The property offers approximately 611 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 £181,557 , which equates to approximately £296 per square foot. It was last sold on 18 Aug 2016 for £140,000. Since then, the value has increased by £41,557, representing a 29.7% increase, or approximately 3.2% per year.

The current estimated value of £181,557 is:

  • 22.0% lower than the average property price on Magnolia Close
  • 17.4% lower than the average in the IP28 8TP postcode area
  • and 46.8% lower than the average price for Bury St. Edmunds as a whole

At the most recent EPC inspection on 2 March 2011, the property was recorded as owner-occupied.

View sold house prices in IP28 8TP

Building approximate location

About Property

Type
Terraced House
Built
1976-1982
Interior Size
611 sq ft
Tenure
Freehold
Price (estimate)
£181,557
Price Per sq ft (estimate)
£296
Bedroom Count (estimate)
1 bedroom

EPC Summary

22 Magnolia Close, Red Lodge, Bury St Edmunds, Forest Heath, Suffolk, IP28 8TP has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 2 Mar 2011.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 16% of fixed outlets
Poor

Compared to IP28 8TP

28 th / 44
Price Rank
17% lower than average
27 th / 39
Size Rank
12% smaller than average
14 th / 39
Price Per Sq FT Rank
7% lower than average

Compared to other properties in IP28 8TP , this house's estimated value ranks 28th out of 44. Based on price per square foot, it ranks 14th out of 39 properties. In terms of size, this home ranks 27th out of 39 properties in its postcode area.

Sale History

Today
£181,557
streetscan.co.uk estimate
+30 %
18 Aug 2016
£140,000
Leasehold
+21.7 %
24 Jun 2011
£115,000
Leasehold
+9.5 %
15 Jul 2005
£105,000
Leasehold
+162.5 %
23 Jul 1999
£40,000
Leasehold
+4.6 %
30 Apr 1997
£38,250
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 581 sq ft
sale price: £182,500
sale date: 31 Aug 2023
rooms: 4
size: 689 sq ft
sale price: £235,000
sale date: 3 Sep 2021
rooms: 3
size: 570 sq ft
sale price: £187,000
sale date: 16 Dec 2020
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 22 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP appears five times in the Land Registry records, with the latest transaction recorded on 18 Aug 2016. It also has a single Energy Performance Certificate (EPC) from 2 Mar 2011. 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.