MAGNOLIA HOUSE, STOCKWELL GATE, WHAPLODE, SPALDING, PE12 6UE - £285,000

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 HOUSE is a large extended detached house of 129m², built sometime between 1991 and 1995. It was last sold for £285,000 in September 2022, which was around 5% below the average September 2022 detached price in the South Holland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

MAGNOLIA HOUSE Sold Prices

Land registry data shows five sales for MAGNOLIA HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the five MAGNOLIA HOUSE 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
2022 8 SEP	£285,000	£300,708	5% below HPI
2019 28 MAY	£236,000	£233,156	1% above HPI
2013 30 APR	£167,000	£161,486	3% above HPI
2010 2 DEC	£163,500	£168,711	3% below HPI
2005 15 JUL	£153,000	£169,602	10% below HPI

MAGNOLIA HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The five MAGNOLIA HOUSE sales between July 2005 and September 2022 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 May 2019 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is MAGNOLIA HOUSE?

MAGNOLIA HOUSE is 129m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 40% of detached houses in Whaplode, based on EPC data. The below chart shows the distribution of detached houses by size in Whaplode, and where MAGNOLIA HOUSE lies on this distribution: 67% of detached houses are smaller than MAGNOLIA HOUSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Whaplode.

MAGNOLIA HOUSE: Plot and Title Map

MAGNOLIA HOUSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of MAGNOLIA HOUSE, 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 HOUSE). 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 HOUSE?

MAGNOLIA HOUSE is located on STOCKWELL GATE in WHAPLODE, in the PE12 postcode district. The below map shows the position of MAGNOLIA HOUSE on STOCKWELL GATE.