40 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP is a freehold semi-detached property built between 1950-1966. The property offers approximately 585 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 £188,332 , which equates to approximately £324 per square foot. It was last sold on 29 Feb 2012 for £108,000. Since then, the value has increased by £80,332, representing a 74.4% increase, or approximately 5.4% per year.

The current estimated value of £188,332 is:

  • 19.0% lower than the average property price on Magnolia Close
  • 14.3% lower than the average in the IP28 8TP postcode area
  • and 44.8% lower than the average price for Bury St. Edmunds as a whole

At the most recent EPC inspection on 8 February 2011, the property was recorded as owner-occupied.

View sold house prices in IP28 8TP

Building approximate location

About Property

Type
Semi-Detached Bungalow
Built
1950-1966
Interior Size
585 sq ft
Tenure
Freehold
Price (estimate)
£188,332
Price Per sq ft (estimate)
£324
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 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 8 Feb 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, 200 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to IP28 8TP

43 rd / 44
Price Rank
14% lower than average
32 nd / 39
Size Rank
16% smaller than average
29 th / 39
Price Per Sq FT Rank
2% higher than average

Compared to other properties in IP28 8TP , this bungalow's estimated value ranks 43th out of 44. Based on price per square foot, it ranks 29th out of 39 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 32th out of 39 properties in its postcode area.

Sale History

Today
£188,332
streetscan.co.uk estimate
+74 %
29 Feb 2012
£108,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £197,000
sale date: 1 Aug 2024
rooms: 3
size: 570 sq ft
sale price: £230,000
sale date: 4 Mar 2021
rooms: 3
size: 567 sq ft
sale price: £169,995
sale date: 17 Aug 2016
rooms: 3
size: 570 sq ft
sale price: £152,000
sale date: 24 Jun 2016
rooms: 3
size: 565 sq ft
sale price: £115,000
sale date: 10 Sep 2010

Data Sources

The property at 40 Magnolia Close, Red Lodge, Bury St Edmunds, Forest Heath, Suffolk, IP28 8TP appears once in the Land Registry records, with the transaction recorded on 29 Feb 2012. It also has a single Energy Performance Certificate (EPC) from 8 Feb 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.