Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 MAGDALEN DRIVE is a midsized extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £354,000 in June 2017, which was around 7% above the average June 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 1 MAGDALEN DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 1 MAGDALEN DRIVE sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2017 29 JUN | £354,000 | £332,325 | 7% above HPI |
2008 10 SEP | £280,000 | £252,445 | 11% above HPI |
2007 31 OCT | £240,000 | £269,163 | 11% below HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 1 MAGDALEN DRIVE sales between October 2007 and June 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2008 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2017 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.
1 MAGDALEN DRIVE is 124m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Woodbridge, and where 1 MAGDALEN DRIVE lies on this distribution: 45% of detached houses are smaller than 1 MAGDALEN DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.
1 MAGDALEN DRIVE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 1 MAGDALEN DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 MAGDALEN DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
1 MAGDALEN DRIVE is located in WOODBRIDGE, in the IP12 postcode district. The below map shows the position of No. 1 on MAGDALEN DRIVE.