1, MAGNOLIA WALK, QUEDGELEY, GLOUCESTER, GL2 4GD - £263,000

1 MAGNOLIA WALK is a small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £263,000 in September 2018, which was around 20% below the average September 2018 detached price in the Gloucester local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

1 MAGNOLIA WALK Sold Prices

Land registry data shows four sales for 1 MAGNOLIA WALK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the four 1 MAGNOLIA WALK 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
2018 14 SEP	£263,000	£330,611	20% below HPI
2007 10 JUL	£225,000	£262,067	14% below HPI
2004 14 APR	£190,000	£209,000	9% below HPI
1997 1 AUG	£74,950	£85,043	12% below HPI

1 MAGNOLIA WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The four 1 MAGNOLIA WALK sales between August 1997 and September 2018 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 July 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1 MAGNOLIA WALK?

1 MAGNOLIA WALK is 87m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses in Quedgeley, based on EPC data. The below chart shows the distribution of detached houses by size in Quedgeley, and where 1 MAGNOLIA WALK lies on this distribution: 27% of detached houses are smaller than 1 MAGNOLIA WALK, and 72% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.

1 MAGNOLIA WALK: Plot and Title Map

1 MAGNOLIA WALK sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 1 MAGNOLIA WALK, 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 WALK). 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 WALK?

1 MAGNOLIA WALK is located in QUEDGELEY, in the GL2 postcode district. The below map shows the position of No. 1 on MAGNOLIA WALK.