3 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP is a freehold terraced property built between 1983-1990. The property offers approximately 581 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 £184,565 , which equates to approximately £318 per square foot. It was last sold on 31 Aug 2023 for £182,500. Since then, the value has increased by £2,065, representing a 1.1% increase, or approximately 0.5% per year.

The current estimated value of £184,565 is:

  • 20.7% lower than the average property price on Magnolia Close
  • 16.0% lower than the average in the IP28 8TP postcode area
  • and 45.9% lower than the average price for Bury St. Edmunds as a whole

At the most recent EPC inspection on 27 April 2023, the property was recorded as rented.

View sold house prices in IP28 8TP

Building approximate location

About Property

Type
Terraced House
Built
1983-1990
Interior Size
581 sq ft
Tenure
Freehold
Price (estimate)
£184,565
Price Per sq ft (estimate)
£318
Bedroom Count (estimate)
1 bedroom

EPC Summary

3 Magnolia Close, Red Lodge, Bury St Edmunds, Forest Heath, Suffolk, IP28 8TP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 27 Apr 2023.

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

The previous EPC assessment was conducted on 22 Jan 2014. The rating of D is unchanged, though the energy efficiency score decreased by 9.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 300 mm loft insulation, with no change in energy efficiency (very good).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 57% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IP28 8TP

32 nd / 44
Price Rank
16% lower than average
33 rd / 39
Size Rank
16% smaller than average
8 th / 39
Price Per Sq FT Rank
0% same as average

Compared to other properties in IP28 8TP , this house's estimated value ranks 32th out of 44. Based on price per square foot, it ranks 8th out of 39 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 33th out of 39 properties in its postcode area.

Sale History

Today
£184,565
streetscan.co.uk estimate
+1 %
31 Aug 2023
£182,500
Leasehold
+85.3 %
14 May 2010
£98,500
Leasehold
+126.4 %
15 May 1998
£43,500
Leasehold
+29.9 %
28 Jun 1996
£33,500
Leasehold

Area Insights

Similar Properties Sold Nearby

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
rooms: 3
size: 596 sq ft
sale price: £130,000
sale date: 21 Jul 2014

Data Sources

The property at 3 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP appears four times in the Land Registry records, with the latest transaction recorded on 31 Aug 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Apr 2023. 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.