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
4 MAGDALEN DRIVE is a midsized extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £447,500 in December 2020, which was around 18% above the average December 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 4 MAGDALEN DRIVE since 1st 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. One of the two 4 MAGDALEN DRIVE sales was for above the average price, whilst the other 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 |
---|---|---|---|
2020 18 DEC | £447,500 | £380,784 | 18% above HPI |
1998 3 AUG | £87,000 | £88,631 | 2% 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 two 4 MAGDALEN DRIVE sales from August 1998 and December 2020 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 August 1998 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.
4 MAGDALEN DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in March 2020. 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 4 MAGDALEN DRIVE lies on this distribution: 45% of detached houses are smaller than 4 MAGDALEN DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.
4 MAGDALEN DRIVE sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 4 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 4 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.
4 MAGDALEN DRIVE is located in WOODBRIDGE, in the IP12 postcode district. The below map shows the position of No. 4 on MAGDALEN DRIVE.