2, MAGNOLIA CLOSE, HEATHFIELD, TN21 8YF - £280,000

2 MAGNOLIA CLOSE is a small detached house of 102m², built sometime between 1976 and 1982. It was last sold for £280,000 in January 2013, which was around 21% below the average January 2013 detached price in the Wealden local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

2 MAGNOLIA CLOSE Sold Prices

Land registry data shows three sales for 2 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. All of the three 2 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
2013 25 JAN	£280,000	£353,653	21% below HPI
2001 30 MAR	£170,000	£196,990	14% below HPI
1997 27 FEB	£97,000	£115,843	16% below HPI

2 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 2 MAGNOLIA CLOSE sales between February 1997 and January 2013 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 March 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2013 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 MAGNOLIA CLOSE?

2 MAGNOLIA CLOSE is 102m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where 2 MAGNOLIA CLOSE lies on this distribution: 35% of detached houses are smaller than 2 MAGNOLIA CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

2 MAGNOLIA CLOSE: Plot and Title Map

2 MAGNOLIA CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 2 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 2 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 2 MAGNOLIA CLOSE?

2 MAGNOLIA CLOSE is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 2 on MAGNOLIA CLOSE.