1, MAGNOLIA WAY, CARTERTON, OX18 1JJ - £310,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MAGNOLIA WAY is a small detached house of 96m², built sometime between 2003 and 2006. It was last sold for £310,000 in June 2017, which was around 40% below the average June 2017 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

1 MAGNOLIA WAY Sold Prices

Land registry data shows three sales for 1 MAGNOLIA WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. All of the three 1 MAGNOLIA WAY 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
2017 2 JUN	£310,000	£520,553	40% below HPI
2007 23 FEB	£232,500	£345,621	33% below HPI
2003 28 FEB	£189,995	£286,697	34% below HPI

1 MAGNOLIA WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Oxfordshire local authority area over time, sourced from the HPI. The three 1 MAGNOLIA WAY sales between February 2003 and June 2017 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 February 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 1 MAGNOLIA WAY?

1 MAGNOLIA WAY is 96m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in Carterton, based on EPC data. The below chart shows the distribution of detached houses by size in Carterton, and where 1 MAGNOLIA WAY lies on this distribution: 31% of detached houses are smaller than 1 MAGNOLIA WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Carterton.

1 MAGNOLIA WAY: Plot and Title Map

1 MAGNOLIA WAY sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 1 MAGNOLIA WAY, 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 1 MAGNOLIA WAY). 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 1 MAGNOLIA WAY?

1 MAGNOLIA WAY is located in CARTERTON, in the OX18 postcode district. The below map shows the position of No. 1 on MAGNOLIA WAY.