17, MAGNIS CLOSE, CREDENHILL, HEREFORD, HR4 7FB - £182,000

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.

17 MAGNIS CLOSE is a very small semi-detached house of 61m², built sometime between 1996 and 2002, which could now be worth an estimated £282,195. It was last sold for £182,000 in September 2014, which was around 1% above the average September 2014 semi-detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

17 MAGNIS CLOSE Sold Prices

Land registry data shows four sales for 17 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. Most of the four 17 MAGNIS CLOSE sales 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
2014 19 SEP	£182,000	£179,626	1% above HPI
2006 13 APR	£152,000	£165,753	8% below HPI
2003 24 APR	£124,000	£118,381	5% above HPI
1999 30 JUN	£70,950	£65,864	8% above HPI

17 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 17 MAGNIS CLOSE sales between June 1999 and September 2014 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 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2014 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 17 MAGNIS CLOSE be worth now?

17 MAGNIS CLOSE might now be worth an estimated £282,195.

This is based on house price inflation of 55.1%, between September 2014 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 55.1% inflationary increase is applied to the most recent sale price for 17 MAGNIS CLOSE of £182,000 on 19th September 2014. For the value to have increased from £182,000 to £282,195 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 17 MAGNIS CLOSE has moved in line with the HPI for semi-detached houses in the Herefordshire local authority area.
• The September 2014 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MAGNIS CLOSE has not materially changed since September 2014.

How Large is 17 MAGNIS CLOSE?

17 MAGNIS CLOSE is 61m² according to the EPC inspection conducted in July 2014. 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 17 MAGNIS CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 17 MAGNIS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Credenhill.

17 MAGNIS CLOSE: Plot and Title Map

17 MAGNIS CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 17 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 17 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 17 MAGNIS CLOSE?

17 MAGNIS CLOSE is located in CREDENHILL, in the HR4 postcode district. The below map shows the position of No. 17 on MAGNIS CLOSE.