8 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP is a freehold terraced property built between 1976-1982. The property offers approximately 818 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 £235,920 , which equates to approximately £288 per square foot. It was last sold on 12 Jan 2017 for £180,000. Since then, the value has increased by £55,920, representing a 31.1% increase, or approximately 3.5% per year.

The current estimated value of £235,920 is:

  • 1.4% higher than the average property price on Magnolia Close
  • 7.3% higher than the average in the IP28 8TP postcode area
  • and 30.9% lower than the average price for Bury St. Edmunds as a whole

At the most recent EPC inspection on 25 August 2016, 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
818 sq ft
Tenure
Freehold
Price (estimate)
£235,920
Price Per sq ft (estimate)
£288
Bedroom Count (estimate)
2 bedrooms

EPC Summary

8 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 25 Aug 2016.

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.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to IP28 8TP

22 nd / 44
Price Rank
7% higher than average
7 th / 39
Size Rank
18% bigger than average
34 th / 39
Price Per Sq FT Rank
9% lower than average

Compared to other properties in IP28 8TP , this house's estimated value ranks 22th out of 44. Based on price per square foot, it ranks 34th 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 7th out of 39 properties in its postcode area.

Sale History

Today
£235,920
streetscan.co.uk estimate
+31 %
12 Jan 2017
£180,000
Leasehold
+51.3 %
4 Mar 2005
£119,000
Leasehold
+58.7 %
15 Feb 2002
£75,000
Leasehold
+45.6 %
23 Jul 1999
£51,500
Leasehold
+35.5 %
14 Mar 1997
£38,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 753 sq ft
sale price: £220,000
sale date: 23 Nov 2021
rooms: 4
size: 721 sq ft
sale price: £133,000
sale date: 11 Sep 2015
rooms: 4
size: 753 sq ft
sale price: £133,950
sale date: 28 Aug 2015
rooms: 4
size: 721 sq ft
sale price: £110,000
sale date: 3 Dec 2010
rooms: 4
size: 700 sq ft
sale price: £139,995
sale date: 23 Feb 2007

Data Sources

The property at 8 Magnolia Close, Red Lodge, Bury St Edmunds, IP28 8TP appears five times in the Land Registry records, with the latest transaction recorded on 12 Jan 2017. It also has a single Energy Performance Certificate (EPC) from 25 Aug 2016. 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.