16, MAGNIS CLOSE, CREDENHILL, HEREFORD, HR4 7FB - £234,700

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.

16 MAGNIS CLOSE is a very small semi-detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £265,461. It was last sold for £234,700 in December 2021, which was around 5% below the average December 2021 semi-detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

16 MAGNIS CLOSE Sold Prices

Land registry data shows four sales for 16 MAGNIS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Herefordshire local authority area for the corresponding sale date. two of the four 16 MAGNIS CLOSE sales were for below the average price, and four were 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
2021 21 DEC	£234,700	£246,240	5% below HPI
2018 24 AUG	£190,000	£211,649	10% below HPI
2004 9 FEB	£144,000	£138,400	4% above HPI
1999 30 JUN	£70,500	£65,864	7% above HPI

16 MAGNIS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Herefordshire local authority area over time, sourced from the HPI. The four 16 MAGNIS CLOSE sales between June 1999 and December 2021 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 August 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 16 MAGNIS CLOSE be worth now?

16 MAGNIS CLOSE might now be worth an estimated £265,461.

This is based on house price inflation of 13.1%, between December 2021 and February 2025, for semi-detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.1% inflationary increase is applied to the most recent sale price for 16 MAGNIS CLOSE of £234,700 on 21st December 2021. For the value to have increased from £234,700 to £265,461 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 MAGNIS CLOSE has moved in line with the HPI for semi-detached houses in the Herefordshire local authority area.
• The December 2021 sale price of £234,700 represented a fair market value for the property.
• The size, condition, and specification of 16 MAGNIS CLOSE has not materially changed since December 2021.

How Large is 16 MAGNIS CLOSE?

16 MAGNIS CLOSE is 74m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of semi-detached houses houses in Credenhill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Credenhill, and where 16 MAGNIS CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 16 MAGNIS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Credenhill.

16 MAGNIS CLOSE: Plot and Title Map

16 MAGNIS CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 16 MAGNIS 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 16 MAGNIS 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 16 MAGNIS CLOSE?

16 MAGNIS CLOSE is located in CREDENHILL, in the HR4 postcode district. The below map shows the position of No. 16 on MAGNIS CLOSE.