11, MAGNOLIA RISE, IMMINGHAM, DN40 1LZ - £155,000

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

11 MAGNOLIA RISE is a midsized detached house of 95m², built sometime between 1983 and 1990. It was last sold for £155,000 in September 2017, which was around 19% below the average September 2017 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

11 MAGNOLIA RISE Sold Prices

Land registry data shows two sales for 11 MAGNOLIA RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 11 MAGNOLIA RISE 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 28 SEP	£155,000	£191,694	19% below HPI
2001 8 JUN	£67,000	£76,603	13% below HPI

11 MAGNOLIA RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 11 MAGNOLIA RISE sales from June 2001 and September 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 June 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 11 MAGNOLIA RISE?

11 MAGNOLIA RISE is 95m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% of detached houses in Immingham, based on EPC data. The below chart shows the distribution of detached houses by size in Immingham, and where 11 MAGNOLIA RISE lies on this distribution: 48% of detached houses are smaller than 11 MAGNOLIA RISE, and 52% of houses are larger. Note that EPC data is not available for all properties in Immingham.

11 MAGNOLIA RISE: Plot and Title Map

11 MAGNOLIA RISE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 11 MAGNOLIA RISE, 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 11 MAGNOLIA RISE). 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 11 MAGNOLIA RISE?

11 MAGNOLIA RISE is located in IMMINGHAM, in the DN40 postcode district. The below map shows the position of No. 11 on MAGNOLIA RISE.