14, MAGNOLIA DRIVE, CHARTHAM, CANTERBURY, CT4 7TG - £425,000

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.

14 MAGNOLIA DRIVE is a midsized extended detached house of 131m², built sometime between 2003 and 2006, which could now be worth an estimated £504,021. It was last sold for £425,000 in November 2019, which was around 12% below the average November 2019 detached price in the Canterbury local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

14 MAGNOLIA DRIVE Sold Prices

Land registry data shows two sales for 14 MAGNOLIA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. One of the two 14 MAGNOLIA DRIVE sales was for below the average price, whilst the other was for above 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
2019 15 NOV	£425,000	£481,054	12% below HPI
2004 13 APR	£290,000	£257,617	13% above HPI

14 MAGNOLIA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The two 14 MAGNOLIA DRIVE sales from April 2004 and November 2019 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 April 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 14 MAGNOLIA DRIVE be worth now?

14 MAGNOLIA DRIVE might now be worth an estimated £504,021.

This is based on house price inflation of 18.6%, between November 2019 and February 2025, for detached houses, in the Canterbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for 14 MAGNOLIA DRIVE of £425,000 on 15th November 2019. For the value to have increased from £425,000 to £504,021 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 14 MAGNOLIA DRIVE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The November 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MAGNOLIA DRIVE has not materially changed since November 2019.

How Large is 14 MAGNOLIA DRIVE?

14 MAGNOLIA DRIVE is 131m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 50% of detached houses houses in Shalmsford Street, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shalmsford Street, and where 14 MAGNOLIA DRIVE lies on this distribution: 55% of detached houses houses are smaller than 14 MAGNOLIA DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Shalmsford Street.

14 MAGNOLIA DRIVE: Plot and Title Map

14 MAGNOLIA DRIVE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 14 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 14 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 14 MAGNOLIA DRIVE?

14 MAGNOLIA DRIVE is located in CHARTHAM, in the CT4 postcode district. The below map shows the position of No. 14 on MAGNOLIA DRIVE.