12, MAGNOLIA DRIVE, WALSALL, WS5 4SP - £198,500

12 MAGNOLIA DRIVE is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £198,500 in November 2016, which was around 7% below the average November 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

12 MAGNOLIA DRIVE Sold Prices

Land registry data shows two sales for 12 MAGNOLIA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. One of the two 12 MAGNOLIA DRIVE sales was for below the average price, whilst the other was roughly equal to 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
2016 23 NOV	£198,500	£213,142	7% below HPI
2002 20 DEC	£123,995	£124,265	Close to HPI

12 MAGNOLIA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 12 MAGNOLIA DRIVE sales from December 2002 and November 2016 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 December 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 12 MAGNOLIA DRIVE?

12 MAGNOLIA DRIVE is 74m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 12 MAGNOLIA DRIVE lies on this distribution: 9% of detached houses are smaller than 12 MAGNOLIA DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

12 MAGNOLIA DRIVE: Plot and Title Map

12 MAGNOLIA DRIVE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 12 MAGNOLIA DRIVE, 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 12 MAGNOLIA DRIVE). 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 12 MAGNOLIA DRIVE?

12 MAGNOLIA DRIVE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 12 on MAGNOLIA DRIVE.