15, MAGNOLIA CLOSE, HEATHFIELD, TN21 8YF - £550,000

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

15 MAGNOLIA CLOSE is a large detached house of 131m², built sometime between 1996 and 2002. It was last sold for £550,000 in January 2023, which was around 9% below the average January 2023 detached price in the Wealden local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was C.

15 MAGNOLIA CLOSE Sold Prices

Land registry data shows three sales for 15 MAGNOLIA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Two of the three 15 MAGNOLIA CLOSE sales were for below the average price, whilst one 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
2023 5 JAN	£550,000	£605,005	9% below HPI
2000 7 DEC	£171,950	£201,591	15% below HPI
1996 26 JUL	£115,000	£109,827	5% above HPI

15 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 three 15 MAGNOLIA CLOSE sales between July 1996 and January 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 December 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 15 MAGNOLIA CLOSE?

15 MAGNOLIA CLOSE is 131m² according to the EPC inspection conducted in September 2021. This puts it in the largest 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 15 MAGNOLIA CLOSE lies on this distribution: 65% of detached houses are smaller than 15 MAGNOLIA CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

15 MAGNOLIA CLOSE: Plot and Title Map

15 MAGNOLIA CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 15 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 15 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 15 MAGNOLIA CLOSE?

15 MAGNOLIA CLOSE is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 15 on MAGNOLIA CLOSE.