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
6 MAGNOLIA CLOSE is a midsized detached house of 118m², built sometime between 1991 and 1995. It was last sold for £165,000 in November 2001, which was around 22% below the average November 2001 detached price in the Wealden local authority area. The most recent EPC inspection was October 2012, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 6 MAGNOLIA CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. One of the two 6 MAGNOLIA CLOSE sales was for below the average price, whilst the other was roughly equal to 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 |
---|---|---|---|
2001 28 NOV | £165,000 | £211,504 | 22% below HPI |
1996 14 JUN | £106,000 | £105,958 | Close to HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two 6 MAGNOLIA CLOSE sales from June 1996 and November 2001 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 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2001 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
6 MAGNOLIA CLOSE is 118m² according to the EPC inspection conducted in October 2012. This puts it in the largest 50% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where 6 MAGNOLIA CLOSE lies on this distribution: 50% of detached houses are smaller than 6 MAGNOLIA CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Heathfield.
6 MAGNOLIA CLOSE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 6 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 6 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.
6 MAGNOLIA CLOSE is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 6 on MAGNOLIA CLOSE.