7, MAGNOLIA CLOSE, BARNSTAPLE, EX32 8QH - £238,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 MAGNOLIA CLOSE is a small extended semi-detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £334,199. It was last sold for £238,000 in January 2017, which was around 15% above the average January 2017 semi-detached price in the North Devon local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

7 MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 7 MAGNOLIA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Devon local authority area for the corresponding sale date. Both of the two 7 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
2017 4 JAN	£238,000	£206,629	15% above HPI
2002 1 MAR	£110,000	£97,306	13% above HPI

7 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Devon local authority area over time, sourced from the HPI. The two 7 MAGNOLIA CLOSE sales from March 2002 and January 2017 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 March 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2017 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 7 MAGNOLIA CLOSE be worth now?

7 MAGNOLIA CLOSE might now be worth an estimated £334,199.

This is based on house price inflation of 40.4%, between January 2017 and December 2024, for semi-detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.4% inflationary increase is applied to the most recent sale price for 7 MAGNOLIA CLOSE of £238,000 on 4th January 2017. For the value to have increased from £238,000 to £334,199 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 7 MAGNOLIA CLOSE has moved in line with the HPI for semi-detached houses in the North Devon local authority area.
• The January 2017 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MAGNOLIA CLOSE has not materially changed since January 2017.

How Large is 7 MAGNOLIA CLOSE?

7 MAGNOLIA CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of semi-detached houses houses in Westacott, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Westacott, and where 7 MAGNOLIA CLOSE lies on this distribution: 30% of semi-detached houses houses are smaller than 7 MAGNOLIA CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Westacott.

7 MAGNOLIA CLOSE: Plot and Title Map

7 MAGNOLIA CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 7 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 7 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 7 MAGNOLIA CLOSE?

7 MAGNOLIA CLOSE is located in BARNSTAPLE, in the EX32 postcode district. The below map shows the position of No. 7 on MAGNOLIA CLOSE.