MAGNOLIA HOUSE, UPPER ROSE LANE, PALGRAVE, DISS, IP22 1AP - £550,000

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.

MAGNOLIA HOUSE is a large detached house of 181m², which could now be worth an estimated £631,269. It was last sold for £550,000 in March 2021, which was around 38% above the average March 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was B.

MAGNOLIA HOUSE Sold Prices

Land registry data shows two sales for MAGNOLIA HOUSE 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 MAGNOLIA HOUSE 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
2021 26 MAR	£550,000	£397,144	38% above HPI
2018 23 APR	£416,700	£374,616	11% above HPI

MAGNOLIA HOUSE 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 MAGNOLIA HOUSE sales from April 2018 and March 2021 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 April 2018 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2021 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might MAGNOLIA HOUSE be worth now?

MAGNOLIA HOUSE might now be worth an estimated £631,269.

This is based on house price inflation of 14.8%, between March 2021 and February 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 14.8% inflationary increase is applied to the most recent sale price for MAGNOLIA HOUSE of £550,000 on 26th March 2021. For the value to have increased from £550,000 to £631,269 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of MAGNOLIA HOUSE has moved in line with the HPI for detached houses in the Mid Suffolk local authority area.
• The March 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of MAGNOLIA HOUSE has not materially changed since March 2021.

How Large is MAGNOLIA HOUSE?

MAGNOLIA HOUSE is 181m² according to the EPC inspection conducted in April 2019. This puts it in the largest 30% of detached houses houses in Palgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Palgrave, and where MAGNOLIA HOUSE lies on this distribution: 76% of detached houses houses are smaller than MAGNOLIA HOUSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Palgrave.

MAGNOLIA HOUSE: Plot and Title Map

MAGNOLIA HOUSE sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of MAGNOLIA HOUSE, 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 HOUSE). 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 HOUSE?

MAGNOLIA HOUSE is located on UPPER ROSE LANE in PALGRAVE, in the IP22 postcode district. The below map shows the position of MAGNOLIA HOUSE on UPPER ROSE LANE.