23, MAGNOLIA DRIVE, CHARTHAM, CANTERBURY, CT4 7TG - £442,500

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.

23 MAGNOLIA DRIVE is a large detached house of 134m², built sometime between 2003 and 2006, which could now be worth an estimated £526,541. It was last sold for £442,500 in February 2020, which was around 8% below the average February 2020 detached price in the Canterbury local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

23 MAGNOLIA DRIVE Sold Prices

Land registry data shows five sales for 23 MAGNOLIA DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. Most of the five 23 MAGNOLIA DRIVE 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
2020 25 FEB	£442,500	£479,440	8% below HPI
2015 19 MAY	£350,000	£388,645	10% below HPI
2011 13 OCT	£330,000	£316,612	4% above HPI
2010 1 APR	£298,000	£303,284	2% below HPI
2002 23 AUG	£224,995	£199,751	13% above HPI

23 MAGNOLIA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The five 23 MAGNOLIA DRIVE sales between August 2002 and February 2020 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 May 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 23 MAGNOLIA DRIVE be worth now?

23 MAGNOLIA DRIVE might now be worth an estimated £526,541.

This is based on house price inflation of 19%, between February 2020 and February 2025, for detached houses, in the Canterbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19% inflationary increase is applied to the most recent sale price for 23 MAGNOLIA DRIVE of £442,500 on 25th February 2020. For the value to have increased from £442,500 to £526,541 over the five years to February 2025, the following assumptions must hold true:

• The value of 23 MAGNOLIA DRIVE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The February 2020 sale price of £442,500 represented a fair market value for the property.
• The size, condition, and specification of 23 MAGNOLIA DRIVE has not materially changed since February 2020.

How Large is 23 MAGNOLIA DRIVE?

23 MAGNOLIA DRIVE is 134m² according to the EPC inspection conducted in February 2010. This puts it in the largest 40% of detached houses houses in Shalmsford Street, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shalmsford Street, and where 23 MAGNOLIA DRIVE lies on this distribution: 61% of detached houses houses are smaller than 23 MAGNOLIA DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Shalmsford Street.

23 MAGNOLIA DRIVE: Plot and Title Map

23 MAGNOLIA DRIVE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 23 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 23 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 23 MAGNOLIA DRIVE?

23 MAGNOLIA DRIVE is located in CHARTHAM, in the CT4 postcode district. The below map shows the position of No. 23 on MAGNOLIA DRIVE.