14, MAGNOLIA ROAD, SLEAFORD, NG34 7TH - £225,000

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

14 MAGNOLIA ROAD is a small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £225,000 in July 2023, which was around 27% below the average July 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

14 MAGNOLIA ROAD Sold Prices

Land registry data shows four sales for 14 MAGNOLIA ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 14 MAGNOLIA ROAD 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
2023 5 JUL	£225,000	£306,567	27% below HPI
2013 2 MAY	£138,000	£186,227	26% below HPI
2010 23 APR	£147,500	£180,035	18% below HPI
2001 3 AUG	£79,950	£86,657	8% below HPI

14 MAGNOLIA ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four 14 MAGNOLIA ROAD sales between August 2001 and July 2023 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 May 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 14 MAGNOLIA ROAD?

14 MAGNOLIA ROAD is 86m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 14 MAGNOLIA ROAD lies on this distribution: 26% of detached houses are smaller than 14 MAGNOLIA ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

14 MAGNOLIA ROAD: Plot and Title Map

14 MAGNOLIA ROAD sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 14 MAGNOLIA ROAD, 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 ROAD). 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 ROAD?

14 MAGNOLIA ROAD is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 14 on MAGNOLIA ROAD.