1, MAGNOLIA GROVE, WILLENHALL, WV12 4LQ - £220,000

1 MAGNOLIA GROVE is a very small extended detached house of 67m², built sometime between 2003 and 2006. It was last sold for £220,000 in March 2021, which was around 26% below the average March 2021 detached price in the Walsall local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

1 MAGNOLIA GROVE Sold Prices

Land registry data shows two sales for 1 MAGNOLIA GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Both of the two 1 MAGNOLIA GROVE 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
2021 5 MAR	£220,000	£296,491	26% below HPI
2003 31 JAN	£119,950	£149,369	20% below HPI

1 MAGNOLIA GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 1 MAGNOLIA GROVE sales from January 2003 and March 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 January 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 MAGNOLIA GROVE?

1 MAGNOLIA GROVE is 67m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Willenhall, and where 1 MAGNOLIA GROVE lies on this distribution: 9% of detached houses are smaller than 1 MAGNOLIA GROVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

1 MAGNOLIA GROVE: Plot and Title Map

1 MAGNOLIA GROVE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 1 MAGNOLIA GROVE, 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 1 MAGNOLIA GROVE). 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 1 MAGNOLIA GROVE?

1 MAGNOLIA GROVE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 1 on MAGNOLIA GROVE.