5 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP is a freehold terraced property built between 1983-1990. The property offers approximately 753 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £192,223 , which equates to approximately £255 per square foot. It was last sold on 28 Aug 2015 for £133,950. Since then, the value has increased by £58,273, representing a 43.5% increase, or approximately 4.2% per year.

The current estimated value of £192,223 is:

  • 17.4% lower than the average property price on Magnolia Close
  • 12.6% lower than the average in the IP28 8TP postcode area
  • and 43.7% lower than the average price for Bury St. Edmunds as a whole

At the most recent EPC inspection on 14 May 2024, 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
753 sq ft
Tenure
Freehold
Price (estimate)
£192,223
Price Per sq ft (estimate)
£255
Bedroom Count (estimate)
2 bedrooms

EPC Summary

5 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 14 May 2024.

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 15 Sep 2011. The rating of E remains the same, but the energy efficiency score improved by 12.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 200 mm loft insulation, changing energy efficiency from very good to good.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from very poor to good.
  • The lighting was updated from low energy lighting in 29% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to IP28 8TP

30 th / 44
Price Rank
13% lower than average
10 th / 39
Size Rank
9% bigger than average
32 nd / 39
Price Per Sq FT Rank
19% lower than average

Compared to other properties in IP28 8TP , this house's estimated value ranks 30th out of 44. Based on price per square foot, it ranks 32th 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 10th out of 39 properties in its postcode area.

Sale History

Today
£192,223
streetscan.co.uk estimate
+44 %
28 Aug 2015
£133,950
Leasehold
+3.8 %
22 Nov 2007
£129,000
Leasehold
+20.6 %
21 May 2004
£107,000
Leasehold

Area Insights

Similar Properties Sold Nearby

9 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP
rooms: 4
size: 753 sq ft
sale price: £220,000
sale date: 23 Nov 2021
13 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP
rooms: 4
size: 689 sq ft
sale price: £235,000
sale date: 3 Sep 2021
8 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP
rooms: 4
size: 818 sq ft
sale price: £180,000
sale date: 12 Jan 2017
10 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP
rooms: 4
size: 721 sq ft
sale price: £133,000
sale date: 11 Sep 2015
11 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP
rooms: 4
size: 721 sq ft
sale price: £110,000
sale date: 3 Dec 2010

Data Sources

The property at 5 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP appears three times in the Land Registry records, with the latest transaction recorded on 28 Aug 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 May 2024. 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.
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