5, MAGNOLIA GARDENS, SNETTISHAM, KING'S LYNN, PE31 7UN - £225,000

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

5 MAGNOLIA GARDENS is a midsized detached house of 95m², built sometime from 2007 onwards. It was last sold for £225,000 in October 2009, which was around 13% above the average October 2009 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

5 MAGNOLIA GARDENS Sold Prices

Land registry data shows two sales for 5 MAGNOLIA GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two 5 MAGNOLIA GARDENS 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
2009 21 OCT	£225,000	£199,017	13% above HPI
2007 21 FEB	£215,000	£203,427	6% above HPI

5 MAGNOLIA GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two 5 MAGNOLIA GARDENS sales from February 2007 and October 2009 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 February 2007 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2009 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 5 MAGNOLIA GARDENS?

5 MAGNOLIA GARDENS is 95m² according to the EPC inspection conducted in June 2009. This puts it in the largest 50% of detached houses in Snettisham, based on EPC data. The below chart shows the distribution of detached houses by size in Snettisham, and where 5 MAGNOLIA GARDENS lies on this distribution: 53% of detached houses are smaller than 5 MAGNOLIA GARDENS, and 47% of houses are larger. Note that EPC data is not available for all properties in Snettisham.

5 MAGNOLIA GARDENS: Plot and Title Map

5 MAGNOLIA GARDENS sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 5 MAGNOLIA GARDENS, 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 5 MAGNOLIA GARDENS). 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 5 MAGNOLIA GARDENS?

5 MAGNOLIA GARDENS is located in SNETTISHAM, in the PE31 postcode district. The below map shows the position of No. 5 on MAGNOLIA GARDENS.