23, MAGNOLIA CLOSE, BARNSTAPLE, EX32 8QH - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 MAGNOLIA CLOSE is a very large extended semi-detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £376,955. It was last sold for £250,000 in February 2015, which was around 30% above the average February 2015 semi-detached price in the North Devon local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

23 MAGNOLIA CLOSE Sold Prices

Land registry data shows five sales for 23 MAGNOLIA CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Devon local authority area for the corresponding sale date. All of the five 23 MAGNOLIA 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
2015 10 FEB	£250,000	£192,429	30% above HPI
2013 28 JUN	£237,500	£174,072	36% above HPI
2003 23 MAY	£149,950	£128,159	17% above HPI
1999 9 JUL	£74,250	£64,637	15% above HPI
1995 31 JAN	£57,500	£44,202	30% above HPI

23 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Devon local authority area over time, sourced from the HPI. The five 23 MAGNOLIA CLOSE sales between January 1995 and February 2015 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 June 2013 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the February 2015 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 23 MAGNOLIA CLOSE be worth now?

23 MAGNOLIA CLOSE might now be worth an estimated £376,955.

This is based on house price inflation of 50.8%, between February 2015 and December 2024, for semi-detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.8% inflationary increase is applied to the most recent sale price for 23 MAGNOLIA CLOSE of £250,000 on 10th February 2015. For the value to have increased from £250,000 to £376,955 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of 23 MAGNOLIA CLOSE has moved in line with the HPI for semi-detached houses in the North Devon local authority area.
• The February 2015 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MAGNOLIA CLOSE has not materially changed since February 2015.

How Large is 23 MAGNOLIA CLOSE?

23 MAGNOLIA CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of semi-detached houses houses in Westacott, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Westacott, and where 23 MAGNOLIA CLOSE lies on this distribution: 93% of semi-detached houses houses are smaller than 23 MAGNOLIA CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Westacott.

23 MAGNOLIA CLOSE: Plot and Title Map

23 MAGNOLIA CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 23 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 23 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 23 MAGNOLIA CLOSE?

23 MAGNOLIA CLOSE is located in BARNSTAPLE, in the EX32 postcode district. The below map shows the position of No. 23 on MAGNOLIA CLOSE.