MAGNOLIA COTTAGE, ELM CLOSE, FARNHAM COMMON, SLOUGH, SL2 3NA - £905,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MAGNOLIA COTTAGE is a very large extended detached house of 288m², built sometime between 1950 and 1966, which could now be worth an estimated £1,028,445. It was last sold for £905,000 in February 2019, which was around 22% above the average February 2019 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

MAGNOLIA COTTAGE Sold Prices

Land registry data shows two sales for MAGNOLIA COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. Both of the two MAGNOLIA COTTAGE 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
2019 21 FEB	£905,000	£744,622	22% above HPI
2003 8 AUG	£460,000	£390,904	18% above HPI

MAGNOLIA COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two MAGNOLIA COTTAGE sales from August 2003 and February 2019 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 August 2003 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2019 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might MAGNOLIA COTTAGE be worth now?

MAGNOLIA COTTAGE might now be worth an estimated £1,028,445.

This is based on house price inflation of 13.6%, between February 2019 and February 2025, for detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.6% inflationary increase is applied to the most recent sale price for MAGNOLIA COTTAGE of £905,000 on 21st February 2019. For the value to have increased from £905,000 to £1,028,445 over the six years to February 2025, the following assumptions must hold true:

• The value of MAGNOLIA COTTAGE has moved in line with the HPI for detached houses in the Buckinghamshire local authority area.
• The February 2019 sale price of £905,000 represented a fair market value for the property.
• The size, condition, and specification of MAGNOLIA COTTAGE has not materially changed since February 2019.

How Large is MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is 288m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 20% of detached houses houses in Farnham Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnham Common, and where MAGNOLIA COTTAGE lies on this distribution: 85% of detached houses houses are smaller than MAGNOLIA COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Farnham Common.

MAGNOLIA COTTAGE: Plot and Title Map

MAGNOLIA COTTAGE sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of MAGNOLIA COTTAGE, 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 COTTAGE). 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 COTTAGE?

MAGNOLIA COTTAGE is located on ELM CLOSE in FARNHAM COMMON, in the SL2 postcode district. The below map shows the position of MAGNOLIA COTTAGE on ELM CLOSE.