18, MAGNOLIA ROAD, SLEAFORD, NG34 7TH - £157,500

18 MAGNOLIA ROAD is a small detached house of 95m², built sometime between 1996 and 2002. It was last sold for £157,500 in January 2015, which was around 22% below the average January 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

18 MAGNOLIA ROAD Sold Prices

Land registry data shows three sales for 18 MAGNOLIA ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Two of the three 18 MAGNOLIA ROAD 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
2015 20 JAN	£157,500	£201,442	22% below HPI
2008 25 JAN	£162,000	£191,025	15% below HPI
2001 22 JUN	£90,250	£84,634	7% above HPI

18 MAGNOLIA ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 18 MAGNOLIA ROAD sales between June 2001 and January 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 January 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 18 MAGNOLIA ROAD?

18 MAGNOLIA ROAD is 95m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 18 MAGNOLIA ROAD lies on this distribution: 38% of detached houses are smaller than 18 MAGNOLIA ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

18 MAGNOLIA ROAD: Plot and Title Map

18 MAGNOLIA ROAD sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 18 MAGNOLIA ROAD, 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 18 MAGNOLIA ROAD). 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 18 MAGNOLIA ROAD?

18 MAGNOLIA ROAD is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 18 on MAGNOLIA ROAD.