23, MAGNOLIA DRIVE, WALSALL, WS5 4SP - £176,000

23 MAGNOLIA DRIVE is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £176,000 in December 2004, which was about the average December 2004 detached price in the Sandwell local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

23 MAGNOLIA DRIVE Sold Prices

Land registry data shows two sales for 23 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 23 MAGNOLIA DRIVE sales was roughly equal to the average price, whilst the other was 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
2004 10 DEC	£176,000	£175,221	Close to HPI
2004 27 JUN	£140,995	£163,745	14% below HPI

23 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 23 MAGNOLIA DRIVE sales from June 2004 and December 2004 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 June 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2004 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 23 MAGNOLIA DRIVE?

23 MAGNOLIA DRIVE is 91m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% 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 23 MAGNOLIA DRIVE lies on this distribution: 30% of detached houses are smaller than 23 MAGNOLIA DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

23 MAGNOLIA DRIVE: Plot and Title Map

23 MAGNOLIA DRIVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 23 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 23 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 23 MAGNOLIA DRIVE?

23 MAGNOLIA DRIVE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 23 on MAGNOLIA DRIVE.