16 Magnolia Close

    16, MAGNOLIA CLOSE, RED LODGE, BURY ST. EDMUNDS, IP28 8TP

    This detached freehold property on Magnolia Close last sold in March 1997 for £50,000. Based on price growth in the IP28 district since then, its estimated current value is £222,443 — placing it in the 30th percentile nationally and the 23rd percentile within IP28. The property covers 53 m² (570 sq ft), giving an estimated value of £4,197 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £50,000

    Mar 1997

    Estimated Valuation

    £222,443

    Est. £/sq ft

    £390/sq ft

    £4,197/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelLPG (not community)
    EPC currentC
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateJan 2025
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, LPG

    Transaction History

    25 Mar 1997

    £50,000

    Key Metrics

    Estimated valuation£222,443
    Value per sq ft / m²£390/sq ft (£4,197/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP28 district percentile23rd percentile
    National percentile30th percentile

    District Context — IP28

    IP28 covers the Brandon and surrounding villages area in west Suffolk, positioned between Norwich and Cambridge. It is a mixed rural and semi-rural district with a blend of agricultural heritage and commuter appeal.

    Average Property Price - IP28

    £314,955

    47

    National percentile

    Average Net Household Income - IP28

    £41,531

    64

    National percentile

    10-Year Annualised Price Growth - IP28

    3.8%

    58

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP28

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