MAGNOLIA COTTAGE, HIGH ROAD, HIGH CROSS, WARE, SG11 1AD - £850,000

MAGNOLIA COTTAGE is a large detached house of 179m², built sometime between 1967 and 1975. It was last sold for £850,000 in November 2021, which was around 13% above the average November 2021 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

MAGNOLIA COTTAGE Sold Prices

Land registry data shows four sales for MAGNOLIA COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Most of the four MAGNOLIA COTTAGE 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
2021 1 NOV	£850,000	£751,600	13% above HPI
2017 10 JUL	£650,000	£715,039	9% below HPI
2014 24 OCT	£510,000	£562,353	9% below HPI
1997 18 JUL	£150,000	£161,784	7% below HPI

MAGNOLIA COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The four MAGNOLIA COTTAGE sales between July 1997 and November 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 July 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is 179m² according to the EPC inspection conducted in June 2014. This puts it in the largest 30% of detached houses in High Cross, based on EPC data. The below chart shows the distribution of detached houses by size in High Cross, and where MAGNOLIA COTTAGE lies on this distribution: 74% of detached houses are smaller than MAGNOLIA COTTAGE, and 23% of houses are larger. Note that EPC data is not available for all properties in High Cross.

MAGNOLIA COTTAGE: Plot and Title Map

MAGNOLIA COTTAGE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of MAGNOLIA COTTAGE, 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 COTTAGE). 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 COTTAGE?

MAGNOLIA COTTAGE is located on HIGH ROAD in HIGH CROSS, in the SG11 postcode district. The below map shows the position of MAGNOLIA COTTAGE on HIGH ROAD.