10, MAGNOLIA DRIVE, LEYLAND, PR25 5SF - £229,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 MAGNOLIA DRIVE is a very small detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £288,887. It was last sold for £229,950 in November 2018, which was around 11% below the average November 2018 detached price in the Chorley local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

10 MAGNOLIA DRIVE Sold Prices

Land registry data shows three sales for 10 MAGNOLIA DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the three 10 MAGNOLIA DRIVE 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
2018 16 NOV	£229,950	£258,411	11% below HPI
2008 25 JAN	£160,000	£233,420	31% below HPI
1998 11 JUN	£76,950	£84,908	9% below HPI

10 MAGNOLIA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The three 10 MAGNOLIA DRIVE sales between June 1998 and November 2018 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 January 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 10 MAGNOLIA DRIVE be worth now?

10 MAGNOLIA DRIVE might now be worth an estimated £288,887.

This is based on house price inflation of 25.6%, between November 2018 and February 2025, for detached houses, in the Chorley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.6% inflationary increase is applied to the most recent sale price for 10 MAGNOLIA DRIVE of £229,950 on 16th November 2018. For the value to have increased from £229,950 to £288,887 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 10 MAGNOLIA DRIVE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The November 2018 sale price of £229,950 represented a fair market value for the property.
• The size, condition, and specification of 10 MAGNOLIA DRIVE has not materially changed since November 2018.

How Large is 10 MAGNOLIA DRIVE?

10 MAGNOLIA DRIVE is 74m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leyland, and where 10 MAGNOLIA DRIVE lies on this distribution: 6% of detached houses houses are smaller than 10 MAGNOLIA DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Leyland.

10 MAGNOLIA DRIVE: Plot and Title Map

10 MAGNOLIA DRIVE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 10 MAGNOLIA DRIVE, 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 10 MAGNOLIA DRIVE). 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 10 MAGNOLIA DRIVE?

10 MAGNOLIA DRIVE is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 10 on MAGNOLIA DRIVE.