Housing Market Analysis for MAGNOLIA CLOSE, IP28 8TP

Are you looking to understand IP28 8TP house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this West Suffolk postcode.

For the location information and nearby amenities in the IP28 8TP area, explore the IP28 8TP Area information page.
For comprehensive crime statistics in the IP28 8TP area, explore the IP28 8TP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP28 8TP postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £136,155 median price is £137,500 Standard Deviation is £65,702 with Total Sold: 51
- The Last 5 Year average price is £213,083 with Total Sold: 12
- The most recent sale happened at this postcode is 15 MAGNOLIA CLOSE: £242,000 (Sold on 28 Sep 2023)
- The first recorded sale happened at this postcode is 48 MAGNOLIA CLOSE: £41,500 (Sold on 16 Jun 1995)
Terraced
- The average price is around £108,629 median price is £114,750 Standard Deviation is £45,725 with Total Sold: 52
- The Last 5 Year average price is £206,125 with Total Sold: 4
- The most recent sale happened at this postcode is 3 MAGNOLIA CLOSE: £182,500 (Sold on 31 Aug 2023)
- The first recorded sale happened at this postcode is 2 MAGNOLIA CLOSE: £33,850 (Sold on 09 Feb 1996)
Detached
- The average price is around £50,000 median price is £50,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 16 MAGNOLIA CLOSE: £50,000 (Sold on 25 Mar 1997)
- The first recorded sale happened at this postcode is 16 MAGNOLIA CLOSE: £50,000 (Sold on 25 Mar 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 8TP house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£201,333	£4,392	3
2022	£255,000	£3,643	1
2021	£232,000	£3,500	5
2020	£170,000	£2,237	1
2019	£184,000	£3,114	2
2018	£195,000	£2,955	1
2017	£150,000	£1,163	1
2016	£178,399	£2,713	5
2015	£147,000	£2,104	1
2014	£170,750	£2,062	2
2013	£140,000	£2,090	1
2012	£128,250	£2,102	2
2010	£115,000	£2,190	1
2009	£134,000	£2,096	1
2008	£132,500	£1,858	2
2007	£129,000	£1,848	1
2006	£143,833	£2,153	3
2005	£132,500	£1,997	2
2004	£117,750	£1,723	2
2003	£88,000	£1,660	1
2001	£74,000	£1,065	2
1999	£45,000		1
1998	£44,250	£575	2
1996	£39,500	£651	3
1995	£40,380	£615	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£182,500	£3,288	1
2021	£227,500	£3,407	2
2020	£187,000	£3,528	1
2017	£180,000	£2,368	1
2016	£143,500	£2,546	2
2015	£130,650	£2,021	3
2014	£132,500	£2,284	4
2013	£112,250	£1,968	2
2011	£115,000	£2,026	1
2010	£111,167	£1,864	3
2009	£104,500	£1,804	1
2007	£143,248	£2,386	3
2006	£120,498	£1,993	3
2005	£114,375	£1,708	4
2004	£113,000	£1,654	3
2003	£96,500	£1,409	2
2002	£82,983	£1,194	3
2001	£70,650	£1,070	3
1999	£44,833	£717	3
1998	£43,500	£784	1
1997	£40,250	£587	3
1996	£39,117	£701	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1997	£50,000	£746	1

All the Sales in the MAGNOLIA CLOSE, IP28 8TP

See the table below for more details on the sold house prices in the IP28 8TP, West Suffolk postcode.

Address	Sold Date	Price	% Change
15 MAGNOLIA CLOSESemi-Detached, Freehold	28 Sep 2023	£242,000	0.0
	28 Sep 2023	£242,000	32.97%
	01 Feb 2019	£182,000	35.82%
	17 Jul 2009	£134,000	-7.59%
	31 Mar 2006	£145,000	262.95%
	20 Dec 1995	£39,950	First Sale
3 MAGNOLIA CLOSETerraced, FreeholdArea: 55.5 Sq.mtrAge: 1976-1982	31 Aug 2023	£182,500	85.28%
	14 May 2010	£98,500	126.44%
	15 May 1998	£43,500	29.85%
	28 Jun 1996	£33,500	First Sale
53 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 24 Sq.mtrAge: 1976-1982	23 Feb 2023	£120,000	First Sale
50 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1976-1982	20 Sep 2022	£255,000	First Sale
9 MAGNOLIA CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1967-1975	23 Nov 2021	£220,000	59.42%
	25 Jul 2014	£138,000	6.16%
	11 Aug 2006	£129,995	34.02%
	10 Oct 2003	£97,000	First Sale
49 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 71.546 Sq.mtrAge: 1967-1975	12 Nov 2021	£236,000	43.03%
	23 Mar 2016	£165,000	First Sale
44 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1967-1975	14 Sep 2021	£250,000	28.21%
	28 Sep 2018	£195,000	First Sale
30 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1976-1982	13 Sep 2021	£206,000	59.69%
	11 Nov 2005	£129,000	89.71%
	09 Feb 2001	£68,000	First Sale
13 MAGNOLIA CLOSETerraced, FreeholdArea: 64 Sq.mtrAge: 1967-1975	03 Sep 2021	£235,000	88.00%
	19 Feb 2010	£125,000	73.61%
	12 Apr 2001	£72,000	First Sale
25 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1967-1975	29 Jun 2021	£238,000	453.49%
	08 Sep 1995	£43,000	First Sale
1 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1976-1982	04 Mar 2021	£230,000	161.36%
	07 Nov 2003	£88,000	First Sale
24 MAGNOLIA CLOSETerraced, FreeholdArea: 53 Sq.mtrAge: 1983-1990	16 Dec 2020	£187,000	38.52%
	20 May 2014	£135,000	264.86%
	30 Apr 1996	£37,000	First Sale
32 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1983-1990	05 Jun 2020	£170,000	25.93%
	29 Aug 2008	£135,000	First Sale
18 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1976-1982	24 May 2019	£186,000	317.98%
	31 Jul 1998	£44,500	First Sale
20 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 129 Sq.mtrAge: 1950-1966	24 Feb 2017	£150,000	240.91%
	25 Sep 1998	£44,000	First Sale
8 MAGNOLIA CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1976-1982	12 Jan 2017	£180,000	51.26%
	04 Mar 2005	£119,000	58.67%
	15 Feb 2002	£75,000	45.63%
	23 Jul 1999	£51,500	35.53%
	14 Mar 1997	£38,000	First Sale
22 MAGNOLIA CLOSETerraced, FreeholdArea: 56.76 Sq.mtrAge: 1976-1982	18 Aug 2016	£140,000	21.74%
	24 Jun 2011	£115,000	9.52%
	15 Jul 2005	£105,000	162.50%
	23 Jul 1999	£40,000	4.58%
	30 Apr 1997	£38,250	First Sale
41 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 52.65 Sq.mtrAge: 1976-1982	17 Aug 2016	£169,995	19.50%
	02 Feb 2007	£142,250	First Sale
57 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1976-1982	12 Aug 2016	£224,000	First Sale
4 MAGNOLIA CLOSETerraced, FreeholdArea: 56 Sq.mtrAge: 1976-1982	01 Aug 2016	£147,000	15.75%
	11 Mar 2014	£127,000	9.01%
	21 Apr 2006	£116,500	170.93%
	06 Aug 1999	£43,000	First Sale
29 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1967-1975	01 Jul 2016	£181,000	19.47%
	29 Jan 2014	£151,500	1.68%
	27 Apr 2006	£149,000	267.90%
	04 Oct 1996	£40,500	First Sale
46 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1976-1982	24 Jun 2016	£152,000	First Sale
10 MAGNOLIA CLOSETerraced, FreeholdArea: 67 Sq.mtrAge: 1983-1990	11 Sep 2015	£133,000	16.16%
	30 Nov 2005	£114,500	19.27%
	06 Nov 2003	£96,000	41.28%
	26 Oct 2001	£67,950	First Sale
5 MAGNOLIA CLOSETerraced, FreeholdArea: 69.8 Sq.mtrAge: 1967-1975	28 Aug 2015	£133,950	3.84%
	22 Nov 2007	£129,000	20.56%
	21 May 2004	£107,000	First Sale
33 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 69.86 Sq.mtrAge: 1976-1982	19 Jun 2015	£147,000	6.91%
	18 Aug 2006	£137,500	22.77%
	13 Apr 2004	£112,000	40.00%
	23 Feb 2001	£80,000	First Sale
23 MAGNOLIA CLOSETerraced, FreeholdArea: 57.94 Sq.mtrAge: 1976-1982	20 Mar 2015	£125,000	25.63%
	25 Jan 2013	£99,500	-4.78%
	29 May 2009	£104,500	First Sale
28 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1976-1982	22 Aug 2014	£190,000	First Sale
2 MAGNOLIA CLOSETerraced, FreeholdArea: 55.34 Sq.mtrAge: 1976-1982	21 Jul 2014	£130,000	284.05%
	09 Feb 1996	£33,850	First Sale
6 MAGNOLIA CLOSETerraced, FreeholdArea: 56.36 Sq.mtrAge: 1976-1982	29 Nov 2013	£125,000	8.70%
	13 Feb 2006	£115,000	36.90%
	06 Sep 2002	£84,000	68.00%
	18 Jul 1996	£50,000	First Sale
56 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1976-1982	30 Jan 2013	£140,000	13.36%
	08 Apr 2004	£123,500	First Sale
48 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1967-1975	07 Sep 2012	£148,500	14.23%
	27 Oct 2008	£130,000	213.25%
	16 Jun 1995	£41,500	First Sale
40 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 54.35 Sq.mtrAge: 1950-1966	29 Feb 2012	£108,000	First Sale
11 MAGNOLIA CLOSETerraced, Freehold	03 Dec 2010	£110,000	First Sale
52 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 52.5 Sq.mtrAge: 1967-1975	10 Sep 2010	£115,000	First Sale
12 MAGNOLIA CLOSETerraced, Freehold	31 Jul 2007	£147,500	23.95%
12 MAGNOLIA CLOSETerraced, Freehold	12 Aug 2005	£119,000	First Sale
26 MAGNOLIA CLOSETerraced, FreeholdArea: 67.62 Sq.mtrAge: 1967-1975	23 Feb 2007	£139,995	16.66%
	06 Jul 2004	£120,000	First Sale
43 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1967-1975	15 Apr 2005	£136,000	First Sale
21 MAGNOLIA CLOSETerraced, Freehold	12 Mar 2004	£112,000	55.56%
	20 Dec 2001	£72,000	61.80%
	20 Jun 1997	£44,500	First Sale
27 MAGNOLIA CLOSETerraced, FreeholdArea: 81.51 Sq.mtrAge: 1976-1982	22 Mar 2002	£89,950	First Sale
19 MAGNOLIA CLOSESemi-Detached, Freehold	31 Aug 1999	£45,000	First Sale
16 MAGNOLIA CLOSEDetached, FreeholdArea: 67 Sq.mtrAge: 1976-1982	25 Mar 1997	£50,000	First Sale
34 MAGNOLIA CLOSESemi-Detached, Freehold	02 Feb 1996	£41,000	First Sale
17 MAGNOLIA CLOSESemi-Detached, FreeholdArea: 56.27 Sq.mtrAge: 1976-1982	20 Dec 1995	£36,950	First Sale
14 MAGNOLIA CLOSESemi-Detached, Freehold	15 Dec 1995	£40,500	First Sale

Check out the sold house prices near the IP28 8TP postcode. Properties currently for saleProperties currently for rent

MAGNOLIA CLOSE, IP28 8TP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP28 8TP postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the IP28 8TP postcode.

Terraced
- The average price is around £166,998 median price is £174,500 Standard Deviation is £62,972 with Total Sold: 865
- The Last 5 Year average price is £231,851 with Total Sold: 167
- The most recent sale happened at this postcode is , 104 HUNDRED ACRE WAY: £245,000 (Sold on 17 Sep 2024)
- The first recorded sale happened at this postcode is , 36 HEATHERSET WAY: £36,000 (Sold on 03 Jan 1995)
Detached
- The average price is around £238,175 median price is £245,000 Standard Deviation is £91,418 with Total Sold: 673
- The Last 5 Year average price is £333,091 with Total Sold: 130
- The most recent sale happened at this postcode is , 2 SNOWDROP WAY: £380,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 9 GORSE CLOSE: £57,000 (Sold on 23 Mar 1995)
Semi-Detached
- The average price is around £159,012 median price is £165,000 Standard Deviation is £76,428 with Total Sold: 887
- The Last 5 Year average price is £249,780 with Total Sold: 176
- The most recent sale happened at this postcode is , 19 BENNETT ROAD: £325,000 (Sold on 13 Aug 2024)
- The first recorded sale happened at this postcode is , 47 CARNATION WAY: £38,500 (Sold on 06 Jan 1995)
Flat
- The average price is around £130,443 median price is £134,500 Standard Deviation is £32,388 with Total Sold: 116
- The Last 5 Year average price is £147,138 with Total Sold: 20
- The most recent sale happened at this postcode is , 66 WINTERGREEN ROAD: £180,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 2 HAREBELL ROAD: £70,000 (Sold on 24 Oct 2006)
Other
- The average price is around £674,872 median price is £415,000 Standard Deviation is £697,569 with Total Sold: 14
- The Last 5 Year average price is £354,745 with Total Sold: 7
- The most recent sale happened at this postcode is , 2 SCOTS PINE COURT: £5,000 (Sold on 09 Nov 2023)
- The first recorded sale happened at this postcode is , UNIT 3 BELLFLOWER CRESCENT: £1,800,000 (Sold on 18 Nov 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£241,769	£3,231	13
2023	£263,281	£2,994	16
2022	£259,070	£3,337	25
2021	£229,070	£3,011	39
2020	£216,664	£2,850	38
2019	£214,442	£2,613	36
2018	£204,109	£3,120	32
2017	£212,566	£2,706	38
2016	£192,553	£2,538	36
2015	£183,369	£2,405	73
2014	£173,270	£2,173	55
2013	£149,464	£1,825	45
2012	£156,118	£3,026	41
2011	£151,066	£1,862	41
2010	£151,322	£1,671	33
2009	£171,070	£2,092	35
2008	£181,218	£2,335	34
2007	£162,652	£2,040	47
2006	£141,112	£2,080	38
2005	£133,403	£1,933	31
2004	£112,020	£1,691	13
2003	£102,136	£1,493	11
2002	£76,960	£1,197	14
2001	£70,818	£989	14
2000	£59,350	£961	7
1999	£49,146	£780	15
1998	£41,082	£680	14
1997	£46,524	£663	10
1996	£39,458	£625	13
1995	£39,681	£583	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£371,050		10
2023	£342,808	£3,345	13
2022	£352,452	£3,276	21
2021	£316,058	£2,852	34
2020	£322,952	£3,137	22
2019	£329,414	£2,896	30
2018	£281,473	£2,923	19
2017	£291,150	£2,511	29
2016	£273,590	£2,459	41
2015	£255,741	£2,160	52
2014	£246,586	£2,249	38
2013	£217,493	£1,990	16
2012	£225,620	£1,902	19
2011	£216,942	£1,798	13
2010	£218,372	£1,861	17
2009	£203,307	£2,087	28
2008	£264,683	£2,233	34
2007	£249,273	£2,150	51
2006	£233,288	£2,311	46
2005	£204,048	£2,044	27
2004	£169,575	£1,419	12
2003	£152,500	£1,857	6
2002	£131,100	£1,347	10
2001	£107,530	£1,129	15
2000	£106,885	£893	13
1999	£91,419	£850	13
1998	£79,133	£699	18
1997	£67,900	£612	10
1996	£52,321	£540	12
1995	£46,250	£575	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£283,778	£2,490	9
2023	£260,292	£3,260	24
2022	£260,704	£3,310	25
2021	£238,541	£3,034	48
2020	£234,365	£2,912	30
2019	£254,046	£2,905	40
2018	£231,120	£2,743	33
2017	£210,282	£2,723	30
2016	£203,779	£2,418	41
2015	£196,366	£2,497	33
2014	£176,066	£2,222	53
2013	£149,282	£1,901	21
2012	£154,433	£2,050	29
2011	£161,544	£1,837	28
2010	£171,499	£1,910	28
2009	£175,903	£1,973	21
2008	£184,127	£2,211	21
2007	£170,214	£2,235	35
2006	£143,171	£2,088	28
2005	£153,299	£1,891	44
2004	£130,444	£1,812	18
2003	£108,093	£1,396	23
2002	£90,228	£1,264	18
2001	£72,774	£1,015	34
2000	£66,246	£982	26
1999	£60,612	£781	32
1998	£50,062	£671	33
1997	£46,102	£653	21
1996	£43,035	£567	27
1995	£40,981	£595	34

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£180,000		1
2023	£177,875	£19,040	4
2022	£118,167	£1,893	3
2021	£141,000	£2,260	3
2020	£162,667	£2,772	3
2019	£130,958	£2,288	6
2018	£163,000	£2,500	5
2017	£156,306	£2,532	9
2016	£141,710	£10,173	12
2015	£137,600	£6,210	10
2014	£129,536	£2,207	12
2013	£110,996	£6,863	8
2012	£119,666	£1,834	9
2011	£103,943	£13,514	9
2010	£97,197	£14,271	5
2009	£94,167	£1,610	3
2008	£60,000	£1,313	1
2007	£128,083	£2,260	12
2006	£70,000	£858	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£5,000	£26	1
2022	£396,000	£5,713	2
2021	£561,737	£18,131	3
2020	£1,000		1
2018	£111,000	£597	1
2017	£689,750	£20,362	4
2016	£2,295,000		1
2013	£1,800,000		1

House Type in IP28 8TP area

The most common house types in the IP28 8TP postcode area are Semi-detached (67), Terraced (35), and Detached (8).

Total	111
Semi-detached	67
Terraced	35
Detached	8
temporary structure	1
Flat	0
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (51), and Owned: Owns outright (28).

Owned: Owns with a mortgage or loan	51
Owned: Owns outright	28
Private rented: Private landlord or letting agency	25
Social rented: Other social rented	3
Private rented: Other private rented	3
Shared ownership: Shared ownership	2
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the IP28 8TP have 1 person in household (39), and 2 people in household (37).

1 person in household	39
2 people in household	37
3 people in household	19
4 people in household	13
5 people in household	2
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0