16, MAGNOLIA CLOSE, SCHOOL AYCLIFFE, NEWTON AYCLIFFE, DL5 6GQ - £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

16 MAGNOLIA CLOSE is a midsized extended detached house of 130m², built sometime between 2003 and 2006. It was last sold for £225,000 in January 2021, which was around 3% below the average January 2021 detached price in the Darlington local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

16 MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 16 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 Darlington local authority area for the corresponding sale date. One of the two 16 MAGNOLIA CLOSE 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
2021 18 JAN	£225,000	£232,457	3% below HPI
2003 12 DEC	£168,950	£162,658	4% above HPI

16 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Darlington local authority area over time, sourced from the HPI. The two 16 MAGNOLIA CLOSE sales from December 2003 and January 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 December 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 16 MAGNOLIA CLOSE?

16 MAGNOLIA CLOSE is 130m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses in School Aycliffe, based on EPC data. The below chart shows the distribution of detached houses by size in School Aycliffe, and where 16 MAGNOLIA CLOSE lies on this distribution: 59% of detached houses are smaller than 16 MAGNOLIA CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in School Aycliffe.

16 MAGNOLIA CLOSE: Plot and Title Map

16 MAGNOLIA CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 16 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 16 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 16 MAGNOLIA CLOSE?

16 MAGNOLIA CLOSE is located in SCHOOL AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 16 on MAGNOLIA CLOSE.