MAGNA VIEW, LITTLE HALE ROAD, GREAT HALE, SLEAFORD, NG34 9LH - £200,000

MAGNA VIEW is a very small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £200,000 in May 2019, which was around 20% below the average May 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

MAGNA VIEW Sold Prices

Land registry data shows three sales for MAGNA VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three MAGNA VIEW sales were for below 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
2019 2 MAY	£200,000	£250,696	20% below HPI
1998 24 JUL	£52,000	£67,196	23% below HPI
1998 19 FEB	£42,000	£67,537	38% below HPI

MAGNA VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three MAGNA VIEW sales between February 1998 and May 2019 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 July 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is MAGNA VIEW?

MAGNA VIEW is 63m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses in Great Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Great Hale, and where MAGNA VIEW lies on this distribution: 6% of detached houses are smaller than MAGNA VIEW, and 94% of houses are larger. Note that EPC data is not available for all properties in Great Hale.

MAGNA VIEW: Plot and Title Map

MAGNA VIEW sits on a plot of roughly 0.199 of an acre, or 805m². The below map shows the location of MAGNA VIEW, 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 MAGNA VIEW). 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 MAGNA VIEW?

MAGNA VIEW is located on LITTLE HALE ROAD in GREAT HALE, in the NG34 postcode district. The below map shows the position of MAGNA VIEW on LITTLE HALE ROAD.