21, MAGNOLIA DRIVE, WALSALL, WS5 4SP - £227,000

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

21 MAGNOLIA DRIVE is a very large detached house of 143m², built sometime between 2003 and 2006. It was last sold for £227,000 in January 2014, which was around 30% above the average January 2014 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

21 MAGNOLIA DRIVE Sold Prices

Land registry data shows two sales for 21 MAGNOLIA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 21 MAGNOLIA DRIVE 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 17 JAN	£227,000	£175,045	30% above HPI
2003 25 APR	£160,995	£131,213	23% above HPI

21 MAGNOLIA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 21 MAGNOLIA DRIVE sales from April 2003 and January 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 2003 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the January 2014 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 21 MAGNOLIA DRIVE?

21 MAGNOLIA DRIVE is 143m² according to the EPC inspection conducted in March 2009. This puts it in the largest 20% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 21 MAGNOLIA DRIVE lies on this distribution: 84% of detached houses are smaller than 21 MAGNOLIA DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

21 MAGNOLIA DRIVE: Plot and Title Map

21 MAGNOLIA DRIVE sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 21 MAGNOLIA DRIVE, 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 21 MAGNOLIA DRIVE). 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 21 MAGNOLIA DRIVE?

21 MAGNOLIA DRIVE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 21 on MAGNOLIA DRIVE.