MAGNOLIA COTTAGE, LEDBURY ROAD CRESCENT, STAUNTON, GLOUCESTER, GL19 3QB - £690,000

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 177m², built sometime between 1900 and 1929, which could now be worth an estimated £814,535. It was last sold for £690,000 in February 2021, which was around 101% above the average February 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2020, 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 Forest of Dean 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
2021 1 FEB	£690,000	£343,109	101% above HPI
2011 30 JUN	£315,000	£226,158	39% above HPI

MAGNOLIA COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two MAGNOLIA COTTAGE sales from June 2011 and February 2021 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 2011 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the February 2021 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

What might MAGNOLIA COTTAGE be worth now?

MAGNOLIA COTTAGE might now be worth an estimated £814,535.

This is based on house price inflation of 18%, between February 2021 and February 2025, for detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for MAGNOLIA COTTAGE of £690,000 on 1st February 2021. For the value to have increased from £690,000 to £814,535 over the four 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 Forest of Dean local authority area.
• The February 2021 sale price of £690,000 represented a fair market value for the property.
• The size, condition, and specification of MAGNOLIA COTTAGE has not materially changed since February 2021.

How Large is MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is 177m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses houses in Corse, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corse, and where MAGNOLIA COTTAGE lies on this distribution: 86% 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 Corse.

MAGNOLIA COTTAGE: Plot and Title Map

MAGNOLIA COTTAGE sits on a plot of roughly 1.7 acres, or 7,000m². 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 LEDBURY ROAD CRESCENT in STAUNTON, in the GL19 postcode district. The below map shows the position of MAGNOLIA COTTAGE on LEDBURY ROAD CRESCENT.