23, MAGNOLIA WAY, CHESHUNT, WALTHAM CROSS, EN8 0FD - £500,125

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 WAY is a small detached house of 111m², built sometime between 2003 and 2006, which could now be worth an estimated £623,083. It was last sold for £500,125 in April 2016, which was around 30% below the average April 2016 detached price in the Broxbourne local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

23 MAGNOLIA WAY Sold Prices

Land registry data shows three sales for 23 MAGNOLIA WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxbourne local authority area for the corresponding sale date. All of the three 23 MAGNOLIA WAY 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
2016 12 APR	£500,125	£713,521	30% below HPI
2016 31 MAR	£490,000	£712,404	31% below HPI
2013 18 DEC	£406,000	£512,213	21% below HPI

23 MAGNOLIA WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxbourne local authority area over time, sourced from the HPI. The three 23 MAGNOLIA WAY sales between December 2013 and April 2016 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 March 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2016 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 23 MAGNOLIA WAY be worth now?

23 MAGNOLIA WAY might now be worth an estimated £623,083.

This is based on house price inflation of 24.6%, between April 2016 and February 2025, for detached houses, in the Broxbourne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.6% inflationary increase is applied to the most recent sale price for 23 MAGNOLIA WAY of £500,125 on 12th April 2016. For the value to have increased from £500,125 to £623,083 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 23 MAGNOLIA WAY has moved in line with the HPI for detached houses in the Broxbourne local authority area.
• The April 2016 sale price of £500,125 represented a fair market value for the property.
• The size, condition, and specification of 23 MAGNOLIA WAY has not materially changed since April 2016.

How Large is 23 MAGNOLIA WAY?

23 MAGNOLIA WAY is 111m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 40% of detached houses houses in Cheshunt, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheshunt, and where 23 MAGNOLIA WAY lies on this distribution: 36% of detached houses houses are smaller than 23 MAGNOLIA WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Cheshunt.

23 MAGNOLIA WAY: Plot and Title Map

23 MAGNOLIA WAY sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 23 MAGNOLIA WAY, 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 WAY). 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 WAY?

23 MAGNOLIA WAY is located in CHESHUNT, in the EN8 postcode district. The below map shows the position of No. 23 on MAGNOLIA WAY.