THE MAGNOLIAS, HIGHER ODCOMBE, YEOVIL, BA22 8UQ - £530,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE MAGNOLIAS is a midsized extended detached house of 134m², built sometime between 1976 and 1982. It was last sold for £530,500 in September 2022, which was around 17% above the average September 2022 detached price in the Somerset local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

THE MAGNOLIAS Sold Prices

Land registry data shows two sales for THE MAGNOLIAS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two THE MAGNOLIAS 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
2022 23 SEP	£530,500	£454,323	17% above HPI
2014 7 NOV	£337,500	£292,151	16% above HPI

THE MAGNOLIAS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two THE MAGNOLIAS sales from November 2014 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 November 2014 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2022 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is THE MAGNOLIAS?

THE MAGNOLIAS is 134m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 50% of detached houses in Odcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Odcombe, and where THE MAGNOLIAS lies on this distribution: 53% of detached houses are smaller than THE MAGNOLIAS, and 47% of houses are larger. Note that EPC data is not available for all properties in Odcombe.

THE MAGNOLIAS: Plot and Title Map

THE MAGNOLIAS sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of THE MAGNOLIAS, 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 THE MAGNOLIAS). 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 THE MAGNOLIAS?

THE MAGNOLIAS is located in HIGHER ODCOMBE, in the BA22 postcode district. The below map shows the position of THE MAGNOLIAS in HIGHER ODCOMBE.