7, MAGNOLIA WAY, FLEET, GU52 7JZ - £415,000

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

7 MAGNOLIA WAY is a very small detached house of 103m², built sometime between 1967 and 1975. It was last sold for £415,000 in February 2017, which was around 31% below the average February 2017 detached price in the Hart local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

7 MAGNOLIA WAY Sold Prices

Land registry data shows two sales for 7 MAGNOLIA WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hart local authority area for the corresponding sale date. Both of the two 7 MAGNOLIA WAY sales were for below 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 8 FEB	£415,000	£605,176	31% below HPI
2000 9 JUN	£187,500	£257,935	27% below HPI

7 MAGNOLIA WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hart local authority area over time, sourced from the HPI. The two 7 MAGNOLIA WAY sales from June 2000 and February 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 June 2000 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 7 MAGNOLIA WAY?

7 MAGNOLIA WAY is 103m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of detached houses in Fleet, based on EPC data. The below chart shows the distribution of detached houses by size in Fleet, and where 7 MAGNOLIA WAY lies on this distribution: 19% of detached houses are smaller than 7 MAGNOLIA WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Fleet.

7 MAGNOLIA WAY: Plot and Title Map

7 MAGNOLIA WAY sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 7 MAGNOLIA WAY, 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 WAY). 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 WAY?

7 MAGNOLIA WAY is located in FLEET, in the GU52 postcode district. The below map shows the position of No. 7 on MAGNOLIA WAY.