10, MAGNOLIA CLOSE, HEATHFIELD, TN21 8YF - £490,000

10 MAGNOLIA CLOSE is a midsized extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £490,000 in May 2023, which was around 16% below the average May 2023 detached price in the Wealden local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

10 MAGNOLIA CLOSE Sold Prices

Land registry data shows three sales for 10 MAGNOLIA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Two of the three 10 MAGNOLIA CLOSE sales were for below the average price, whilst one was 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
2023 11 MAY	£490,000	£584,996	16% below HPI
2001 5 JUN	£185,500	£210,188	12% below HPI
1996 19 DEC	£119,000	£114,288	4% above HPI

10 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three 10 MAGNOLIA CLOSE sales between December 1996 and May 2023 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 June 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 10 MAGNOLIA CLOSE?

10 MAGNOLIA CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 50% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where 10 MAGNOLIA CLOSE lies on this distribution: 56% of detached houses are smaller than 10 MAGNOLIA CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

10 MAGNOLIA CLOSE: Plot and Title Map

10 MAGNOLIA CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 10 MAGNOLIA CLOSE, 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 10 MAGNOLIA CLOSE). 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 10 MAGNOLIA CLOSE?

10 MAGNOLIA CLOSE is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 10 on MAGNOLIA CLOSE.