3, MAGNOLIA CLOSE, DIBDEN, SOUTHAMPTON, SO45 5HF - £350,000

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

3 MAGNOLIA CLOSE is a midsized detached house of 123m², built sometime between 1991 and 1995. It was last sold for £350,000 in August 2014, which was around 9% below the average August 2014 detached price in the New Forest local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

3 MAGNOLIA CLOSE Sold Prices

Land registry data shows three sales for 3 MAGNOLIA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. One of the three 3 MAGNOLIA CLOSE sales was for below the average price, whilst two 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 20 AUG	£350,000	£382,671	9% below HPI
2002 19 NOV	£268,000	£259,109	3% above HPI
1996 11 OCT	£116,000	£105,225	10% above HPI

3 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three 3 MAGNOLIA CLOSE sales between October 1996 and August 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 November 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 MAGNOLIA CLOSE?

3 MAGNOLIA CLOSE is 123m² according to the EPC inspection conducted in January 2015. This puts it in the largest 50% of detached houses in Dibden, based on EPC data. The below chart shows the distribution of detached houses by size in Dibden, and where 3 MAGNOLIA CLOSE lies on this distribution: 54% of detached houses are smaller than 3 MAGNOLIA CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Dibden.

3 MAGNOLIA CLOSE: Plot and Title Map

3 MAGNOLIA CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 3 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 3 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 3 MAGNOLIA CLOSE?

3 MAGNOLIA CLOSE is located in DIBDEN, in the SO45 postcode district. The below map shows the position of No. 3 on MAGNOLIA CLOSE.