MAGNOLIA, FEN LANE, BOTESDALE, DISS, IP22 1DP - £380,000

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

MAGNOLIA is a small extended detached house of 117m², built sometime between 1976 and 1982. It was last sold for £380,000 in March 2020, which was around 6% above the average March 2020 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was D.

MAGNOLIA Sold Prices

Land registry data shows three sales for MAGNOLIA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three MAGNOLIA sales were for above 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 30 MAR	£380,000	£359,318	6% above HPI
2013 2 SEP	£308,000	£263,851	17% above HPI
2008 4 MAR	£295,000	£268,419	10% above HPI

MAGNOLIA 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 three MAGNOLIA sales between March 2008 and March 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 September 2013 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2020 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is MAGNOLIA?

MAGNOLIA is 117m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses in Botesdale, based on EPC data. The below chart shows the distribution of detached houses by size in Botesdale, and where MAGNOLIA lies on this distribution: 40% of detached houses are smaller than MAGNOLIA, and 60% of houses are larger. Note that EPC data is not available for all properties in Botesdale.

MAGNOLIA: Plot and Title Map

MAGNOLIA sits on a plot of roughly 0.334 of an acre, or 1,350m². The below map shows the location of MAGNOLIA, 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 MAGNOLIA). 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 MAGNOLIA?

MAGNOLIA is located on FEN LANE in BOTESDALE, in the IP22 postcode district. The below map shows the position of MAGNOLIA on FEN LANE.