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
43 MAGNOLIA DRIVE is a small detached house of 116m², built sometime between 2003 and 2006. It was last sold for £420,000 in July 2018, which was around 7% below the average July 2018 detached price in the Canterbury local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 43 MAGNOLIA DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. Two of the three 43 MAGNOLIA DRIVE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2018 13 JUL | £420,000 | £451,567 | 7% below HPI |
2014 30 JUN | £315,000 | £349,279 | 10% below HPI |
2002 20 DEC | £213,495 | £208,659 | 2% above HPI |
The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The three 43 MAGNOLIA DRIVE sales between December 2002 and July 2018 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 June 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
43 MAGNOLIA DRIVE is 116m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of detached houses in Shalmsford Street, based on EPC data. The below chart shows the distribution of detached houses by size in Shalmsford Street, and where 43 MAGNOLIA DRIVE lies on this distribution: 40% of detached houses are smaller than 43 MAGNOLIA DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Shalmsford Street.
43 MAGNOLIA DRIVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 43 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 43 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.
43 MAGNOLIA DRIVE is located in CHARTHAM, in the CT4 postcode district. The below map shows the position of No. 43 on MAGNOLIA DRIVE.