12, MAGNOLIA CLOSE, HEATHFIELD, TN21 8YF - £320,000

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

12 MAGNOLIA CLOSE is a midsized detached house of 119m², built sometime between 1996 and 2002. It was last sold for £320,000 in July 2012, which was around 9% below the average July 2012 detached price in the Wealden local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

12 MAGNOLIA CLOSE Sold Prices

Land registry data shows four sales for 12 MAGNOLIA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. The four 12 MAGNOLIA CLOSE sales were a mix of below the average price, and roughly equal to 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
2012 13 JUL	£320,000	£351,974	9% below HPI
2010 2 SEP	£335,000	£362,436	8% below HPI
2008 11 MAR	£324,000	£372,939	13% below HPI
1997 2 JAN	£115,000	£114,689	Close to HPI

12 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The four 12 MAGNOLIA CLOSE sales between January 1997 and July 2012 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 September 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2012 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 12 MAGNOLIA CLOSE?

12 MAGNOLIA CLOSE is 119m² according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where 12 MAGNOLIA CLOSE lies on this distribution: 52% of detached houses are smaller than 12 MAGNOLIA CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

12 MAGNOLIA CLOSE: Plot and Title Map

12 MAGNOLIA CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 12 MAGNOLIA CLOSE, 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 12 MAGNOLIA CLOSE). 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 12 MAGNOLIA CLOSE?

12 MAGNOLIA CLOSE is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 12 on MAGNOLIA CLOSE.