Efficient exchange of oxygen and nutrients across the placenta is vital for a normally grown fetus. When remodelling of maternal arteries does not occur in early pregnancy the result is placental insufficiency, and fetal growth restriction. Previous studies have shown differences in T2 relaxometry and IVIM between normal and FGR placentae. Here we use a combined T2R and IVIM signal model that separates signals from fetal and maternal blood pools over the whole placental volume. We show difference in T2R, ADC, and maternal perfusion fraction, findings in keeping with previous literature and the pathophysiology of placental insufficiency.