37, MAGDALEN STREET, EYE, IP23 7AJ - £125,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

37 MAGDALEN STREET is a very small extended detached house of 90m², built sometime between 1900 and 1929, which could now be worth an estimated £193,894. It was last sold for £125,000 in October 2014, which was around 58% below the average October 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was December 2010, where the current energy rating was G, and the potential energy rating was G.

37 MAGDALEN STREET Sold Prices

Land registry data shows two sales for 37 MAGDALEN STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 37 MAGDALEN STREET 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
2014 28 OCT	£125,000	£299,769	58% below HPI
2011 19 DEC	£85,000	£264,696	68% below HPI

37 MAGDALEN STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 37 MAGDALEN STREET sales from December 2011 and October 2014 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 December 2011 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the October 2014 sale, where it rises to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 37 MAGDALEN STREET be worth now?

37 MAGDALEN STREET might now be worth an estimated £193,894.

This is based on house price inflation of 55.1%, between October 2014 and March 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.1% inflationary increase is applied to the most recent sale price for 37 MAGDALEN STREET of £125,000 on 28th October 2014. For the value to have increased from £125,000 to £193,894 over the eleven years and seven months to March 2025, the following assumptions must hold true:

• The value of 37 MAGDALEN STREET has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The October 2014 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 37 MAGDALEN STREET has not materially changed since October 2014.

How Large is 37 MAGDALEN STREET?

37 MAGDALEN STREET is 90m², which includes one extension, according to the EPC inspection conducted in December 2010. This puts it in the smallest 20% of detached houses houses in Eye, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eye, and where 37 MAGDALEN STREET lies on this distribution: 18% of detached houses houses are smaller than 37 MAGDALEN STREET, and 82% of houses are larger. Note that EPC data is not available for all properties in Eye.

37 MAGDALEN STREET: Plot and Title Map

37 MAGDALEN STREET sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 37 MAGDALEN STREET, 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 37 MAGDALEN STREET). 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 37 MAGDALEN STREET?

37 MAGDALEN STREET is located in EYE, in the IP23 postcode district. The below map shows the position of No. 37 on MAGDALEN STREET.