30, MAGNOLIA DRIVE, RENDLESHAM, WOODBRIDGE, IP12 2GB - £415,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

30 MAGNOLIA DRIVE is a small detached house of 120m², built sometime between 1991 and 1995. It was last sold for £415,000 in August 2022, which was around 4% below the average August 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

30 MAGNOLIA DRIVE Sold Prices

Land registry data shows two sales for 30 MAGNOLIA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 30 MAGNOLIA DRIVE sales were 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
2022 18 AUG	£415,000	£432,997	4% below HPI
2005 31 MAR	£215,000	£224,733	4% below HPI

30 MAGNOLIA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 30 MAGNOLIA DRIVE sales from March 2005 and August 2022 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 March 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2022 sale, which was also at 4% below the HPI.

How Large is 30 MAGNOLIA DRIVE?

30 MAGNOLIA DRIVE is 120m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% of detached houses in Rendlesham, based on EPC data. The below chart shows the distribution of detached houses by size in Rendlesham, and where 30 MAGNOLIA DRIVE lies on this distribution: 25% of detached houses are smaller than 30 MAGNOLIA DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Rendlesham.

30 MAGNOLIA DRIVE: Plot and Title Map

30 MAGNOLIA DRIVE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 30 MAGNOLIA 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 30 MAGNOLIA 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.

Where is 30 MAGNOLIA DRIVE?

30 MAGNOLIA DRIVE is located in RENDLESHAM, in the IP12 postcode district. The below map shows the position of No. 30 on MAGNOLIA DRIVE.