18, MAGNIS CLOSE, CREDENHILL, HEREFORD, HR4 7FB - £335,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 MAGNIS CLOSE is a very large detached house of 148m², built sometime between 1996 and 2002. It was last sold for £335,000 in October 2018, which was around 2% below the average October 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

18 MAGNIS CLOSE Sold Prices

Land registry data shows four sales for 18 MAGNIS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Most of the four 18 MAGNIS CLOSE 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
2018 18 OCT	£335,000	£342,545	2% below HPI
2011 16 SEP	£245,000	£269,920	9% below HPI
2003 29 AUG	£202,500	£213,526	5% below HPI
1999 30 JUN	£125,950	£110,112	14% above HPI

18 MAGNIS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The four 18 MAGNIS CLOSE sales between June 1999 and October 2018 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 September 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 18 MAGNIS CLOSE?

18 MAGNIS CLOSE is 148m² according to the EPC inspection conducted in March 2011. This puts it in the largest 20% of detached houses in Credenhill, based on EPC data. The below chart shows the distribution of detached houses by size in Credenhill, and where 18 MAGNIS CLOSE lies on this distribution: 87% of detached houses are smaller than 18 MAGNIS CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Credenhill.

18 MAGNIS CLOSE: Plot and Title Map

18 MAGNIS CLOSE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 18 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 18 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 18 MAGNIS CLOSE?

18 MAGNIS CLOSE is located in CREDENHILL, in the HR4 postcode district. The below map shows the position of No. 18 on MAGNIS CLOSE.