9, MAGNOLIA RISE, TROWBRIDGE, BA14 7SJ - £348,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

9 MAGNOLIA RISE is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £348,000 in October 2023, which was around 31% below the average October 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

9 MAGNOLIA RISE Sold Prices

Land registry data shows two sales for 9 MAGNOLIA RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two 9 MAGNOLIA RISE 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
2023 9 OCT	£348,000	£501,459	31% below HPI
1997 4 APR	£79,450	£108,485	27% below HPI

9 MAGNOLIA RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two 9 MAGNOLIA RISE sales from April 1997 and October 2023 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 April 1997 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 9 MAGNOLIA RISE?

9 MAGNOLIA RISE is 96m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% of detached houses in Trowbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Trowbridge, and where 9 MAGNOLIA RISE lies on this distribution: 27% of detached houses are smaller than 9 MAGNOLIA RISE, and 72% of houses are larger. Note that EPC data is not available for all properties in Trowbridge.

9 MAGNOLIA RISE: Plot and Title Map

9 MAGNOLIA RISE sits on a plot of roughly 0.109 of an acre, or 439m². The below map shows the location of 9 MAGNOLIA RISE, 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 9 MAGNOLIA RISE). 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 9 MAGNOLIA RISE?

9 MAGNOLIA RISE is located in TROWBRIDGE, in the BA14 postcode district. The below map shows the position of No. 9 on MAGNOLIA RISE.