13, MAGNOLIA CLOSE, HEATHFIELD, TN21 8YF - £265,000

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

13 MAGNOLIA CLOSE is a small detached house of 100m², built sometime between 1996 and 2002. It was last sold for £265,000 in July 2012, which was around 25% below the average July 2012 detached price in the Wealden local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

13 MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 13 MAGNOLIA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two 13 MAGNOLIA CLOSE 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
2012 9 JUL	£265,000	£351,974	25% below HPI
1996 22 NOV	£92,000	£113,080	19% below HPI

13 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 two 13 MAGNOLIA CLOSE sales from November 1996 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 November 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2012 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 13 MAGNOLIA CLOSE?

13 MAGNOLIA CLOSE is 100m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 40% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where 13 MAGNOLIA CLOSE lies on this distribution: 33% of detached houses are smaller than 13 MAGNOLIA CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

13 MAGNOLIA CLOSE: Plot and Title Map

13 MAGNOLIA CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 13 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 13 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 13 MAGNOLIA CLOSE?

13 MAGNOLIA CLOSE is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 13 on MAGNOLIA CLOSE.