MAGNOLIA, MILL ROAD, OUNDLE, PETERBOROUGH, PE8 4BW - £675,000

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 is a midsized detached house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £1,130,571. It was last sold for £675,000 in March 2015, which was around 177% above the average March 2015 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

MAGNOLIA Sold Prices

Land registry data shows two sales for MAGNOLIA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. Both of the two MAGNOLIA 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
2015 24 MAR	£675,000	£243,445	177% above HPI
2013 1 NOV	£452,000	£222,412	103% above HPI

MAGNOLIA Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The two MAGNOLIA sales from November 2013 and March 2015 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 November 2013 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the March 2015 sale, where it rises to 177% above the HPI. The line then continues to track at 177% above the HPI.

What might MAGNOLIA be worth now?

MAGNOLIA might now be worth an estimated £1,130,571.

This is based on house price inflation of 67.5%, between March 2015 and February 2025, for detached houses, in the North Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.5% inflationary increase is applied to the most recent sale price for MAGNOLIA of £675,000 on 24th March 2015. For the value to have increased from £675,000 to £1,130,571 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of MAGNOLIA has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The March 2015 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of MAGNOLIA has not materially changed since March 2015.

How Large is MAGNOLIA?

MAGNOLIA is 121m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% of detached houses houses in Oundle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oundle, and where MAGNOLIA lies on this distribution: 43% of detached houses houses are smaller than MAGNOLIA, and 56% of houses are larger. Note that EPC data is not available for all properties in Oundle.

MAGNOLIA: Plot and Title Map

MAGNOLIA sits on a plot of roughly 0.258 of an acre, or 1,046m². 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 MILL ROAD in OUNDLE, in the PE8 postcode district. The below map shows the position of MAGNOLIA on MILL ROAD.