16, MAGNOLIA CLOSE, VERWOOD, BH31 6UH - £317,000

16 MAGNOLIA CLOSE is a small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £317,000 in December 2015, which was around 18% below the average December 2015 detached price in the Dorset local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

16 MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 16 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 Dorset local authority area for the corresponding sale date. Both of the two 16 MAGNOLIA CLOSE 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
2015 2 DEC	£317,000	£384,267	18% below HPI
2010 19 NOV	£230,000	£323,260	29% below HPI

16 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The two 16 MAGNOLIA CLOSE sales from November 2010 and December 2015 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 November 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 16 MAGNOLIA CLOSE?

16 MAGNOLIA CLOSE is 87m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses by size in Verwood, and where 16 MAGNOLIA CLOSE lies on this distribution: 20% of detached houses are smaller than 16 MAGNOLIA CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Verwood.

16 MAGNOLIA CLOSE: Plot and Title Map

16 MAGNOLIA CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 16 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 16 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 16 MAGNOLIA CLOSE?

16 MAGNOLIA CLOSE is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 16 on MAGNOLIA CLOSE.