18, MAGNOLIA CLOSE, HEATHFIELD, TN21 8YF - £435,000

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

18 MAGNOLIA CLOSE is a midsized detached house of 118m², built sometime between 1991 and 1995. It was last sold for £435,000 in February 2021, which was around 17% below the average February 2021 detached price in the Wealden local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

18 MAGNOLIA CLOSE Sold Prices

Land registry data shows four sales for 18 MAGNOLIA 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 Wealden local authority area for the corresponding sale date. Most of the four 18 MAGNOLIA 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
2021 24 FEB	£435,000	£523,550	17% below HPI
2013 31 JUL	£250,000	£359,023	30% below HPI
2002 13 SEP	£235,000	£261,939	10% below HPI
1996 27 AUG	£123,000	£111,875	10% above HPI

18 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 four 18 MAGNOLIA CLOSE sales between August 1996 and February 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 July 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 18 MAGNOLIA CLOSE?

18 MAGNOLIA CLOSE is 118m² according to the EPC inspection conducted in January 2017. This puts it in the largest 50% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where 18 MAGNOLIA CLOSE lies on this distribution: 50% of detached houses are smaller than 18 MAGNOLIA CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

18 MAGNOLIA CLOSE: Plot and Title Map

18 MAGNOLIA CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 18 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 18 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 18 MAGNOLIA CLOSE?

18 MAGNOLIA CLOSE is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 18 on MAGNOLIA CLOSE.