12A, MAGNOLIA CLOSE, BARNSTAPLE, EX32 8QH - £293,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12A MAGNOLIA CLOSE is a very large extended detached house of 136m², built sometime between 1976 and 1982, which could now be worth an estimated £450,676. It was last sold for £293,000 in January 2014, which was around 1% above the average January 2014 detached price in the North Devon local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

12A MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 12A MAGNOLIA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two 12A MAGNOLIA CLOSE 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
2014 10 JAN	£293,000	£289,400	1% above HPI
1998 27 FEB	£103,000	£93,711	10% above HPI

12A MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The two 12A MAGNOLIA CLOSE sales from February 1998 and January 2014 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 February 1998 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 12A MAGNOLIA CLOSE be worth now?

12A MAGNOLIA CLOSE might now be worth an estimated £450,676.

This is based on house price inflation of 53.8%, between January 2014 and February 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.8% inflationary increase is applied to the most recent sale price for 12A MAGNOLIA CLOSE of £293,000 on 10th January 2014. For the value to have increased from £293,000 to £450,676 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of 12A MAGNOLIA CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The January 2014 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 12A MAGNOLIA CLOSE has not materially changed since January 2014.

How Large is 12A MAGNOLIA CLOSE?

12A MAGNOLIA CLOSE is 136m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 10% of detached houses houses in Westacott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westacott, and where 12A MAGNOLIA CLOSE lies on this distribution: 97% of detached houses houses are smaller than 12A MAGNOLIA CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Westacott.

12A MAGNOLIA CLOSE: Plot and Title Map

12A MAGNOLIA CLOSE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 12A 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 12A 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 12A MAGNOLIA CLOSE?

12A MAGNOLIA CLOSE is located in BARNSTAPLE, in the EX32 postcode district. The below map shows the position of No. 12A on MAGNOLIA CLOSE.