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
3 MAGDALENE DRIVE is a midsized extended detached house of 118m², built sometime between 1976 and 1982. It was last sold for £280,000 in September 2022, which was around 21% above the average September 2022 detached price in the Hartlepool local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 3 MAGDALENE DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hartlepool local authority area for the corresponding sale date. Two of the three 3 MAGDALENE DRIVE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2022 9 SEP | £280,000 | £232,138 | 21% above HPI |
2007 12 MAR | £110,000 | £198,854 | 45% below HPI |
1997 27 AUG | £95,000 | £69,395 | 37% above HPI |
The below graph shows the average detached house price in the Hartlepool local authority area over time, sourced from the HPI. The three 3 MAGDALENE DRIVE sales between August 1997 and September 2022 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 2007 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.
3 MAGDALENE DRIVE is 118m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% of detached houses in Hart, based on EPC data. The below chart shows the distribution of detached houses by size in Hart, and where 3 MAGDALENE DRIVE lies on this distribution: 47% of detached houses are smaller than 3 MAGDALENE DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Hart.
3 MAGDALENE DRIVE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 3 MAGDALENE 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 3 MAGDALENE 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.
3 MAGDALENE DRIVE is located in HART, in the TS27 postcode district. The below map shows the position of No. 3 on MAGDALENE DRIVE.