MAGNOLIA COTTAGE, HARROW ROAD, KNOCKHOLT, SEVENOAKS, TN14 7JU - £302,500

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

MAGNOLIA COTTAGE is a very small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £302,500 in June 2011, which was around 40% below the average June 2011 detached price in the Sevenoaks local authority area. The most recent EPC inspection was May 2010, 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 Sevenoaks local authority area for the corresponding sale date. Both of the two MAGNOLIA COTTAGE 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
2011 30 JUN	£302,500	£503,509	40% below HPI
2008 2 OCT	£250,000	£491,128	49% below HPI

MAGNOLIA COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The two MAGNOLIA COTTAGE sales from October 2008 and June 2011 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 October 2008 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the June 2011 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is 82m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Knockholt Pound, based on EPC data. The below chart shows the distribution of detached houses by size in Knockholt Pound, and where MAGNOLIA COTTAGE lies on this distribution: 4% of detached houses are smaller than MAGNOLIA COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Knockholt Pound.

MAGNOLIA COTTAGE: Plot and Title Map

MAGNOLIA COTTAGE sits on a plot of roughly 0.068 of an acre, or 275m². 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 HARROW ROAD in KNOCKHOLT, in the TN14 postcode district. The below map shows the position of MAGNOLIA COTTAGE on HARROW ROAD.