MAGNOLIA, EASTBOURNE ROAD, BLINDLEY HEATH, LINGFIELD, RH7 6JX - £391,000

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 is a very small extended detached house of 81m², built sometime between 1900 and 1929. It was last sold for £391,000 in June 2014, which was around 37% below the average June 2014 detached price in the Tandridge local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was A.

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 Tandridge 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
2014 17 JUN	£391,000	£617,689	37% below HPI
1999 29 JUN	£220,000	£240,114	8% below HPI
1997 14 MAR	£158,000	£175,947	10% below HPI

MAGNOLIA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The three MAGNOLIA sales between March 1997 and June 2014 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 1999 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is MAGNOLIA?

MAGNOLIA is 81m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses in Blindley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Blindley Heath, and where MAGNOLIA lies on this distribution: 6% of detached houses are smaller than MAGNOLIA, and 94% of houses are larger. Note that EPC data is not available for all properties in Blindley Heath.

MAGNOLIA: Plot and Title Map

MAGNOLIA sits on a plot of roughly 0.114 of an acre, or 461m². 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 EASTBOURNE ROAD in BLINDLEY HEATH, in the RH7 postcode district. The below map shows the position of MAGNOLIA on EASTBOURNE ROAD.