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
4 MAGNOLIA CLOSE is a large detached house of 124m². It was last sold for £400,000 in August 2023, which was around 22% above the average August 2023 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows four sales for 4 MAGNOLIA CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the four 4 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 |
---|---|---|---|
2023 31 AUG | £400,000 | £326,766 | 22% above HPI |
2019 4 JUL | £340,000 | £262,814 | 29% above HPI |
2018 12 APR | £340,000 | £252,971 | 34% above HPI |
2016 22 JAN | £302,995 | £229,689 | 32% above HPI |
The below graph shows the average detached house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The four 4 MAGNOLIA CLOSE sales between January 2016 and August 2023 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 July 2019 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2023 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.
4 MAGNOLIA CLOSE is 124m² according to the EPC inspection conducted in January 2016. This puts it in the largest 40% of detached houses in Beverley, based on EPC data. The below chart shows the distribution of detached houses by size in Beverley, and where 4 MAGNOLIA CLOSE lies on this distribution: 61% of detached houses are smaller than 4 MAGNOLIA CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Beverley.
4 MAGNOLIA CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 4 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 4 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.
4 MAGNOLIA CLOSE is located in BEVERLEY, in the HU17 postcode district. The below map shows the position of No. 4 on MAGNOLIA CLOSE.