MAGNOLIA, CHURCH STREET, HAMPSTEAD NORREYS, THATCHAM, RG18 0TD - £470,000

MAGNOLIA is a very small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £470,000 in August 2018, which was around 20% below the average August 2018 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

MAGNOLIA Sold Prices

Land registry data shows three sales for MAGNOLIA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three MAGNOLIA 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
2018 10 AUG	£470,000	£584,426	20% below HPI
1999 18 FEB	£150,000	£177,757	16% below HPI
1997 2 MAR	£121,000	£138,132	12% below HPI

MAGNOLIA Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three MAGNOLIA sales between March 1997 and August 2018 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 1999 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is MAGNOLIA?

MAGNOLIA is 95m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses in Hampstead Norreys, based on EPC data. The below chart shows the distribution of detached houses by size in Hampstead Norreys, and where MAGNOLIA lies on this distribution: 14% of detached houses are smaller than MAGNOLIA, and 86% of houses are larger. Note that EPC data is not available for all properties in Hampstead Norreys.

MAGNOLIA: Plot and Title Map

MAGNOLIA sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of MAGNOLIA, 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 MAGNOLIA). 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 MAGNOLIA?

MAGNOLIA is located on CHURCH STREET in HAMPSTEAD NORREYS, in the RG18 postcode district. The below map shows the position of MAGNOLIA on CHURCH STREET.