3, MAGNOLIA CLOSE, BOURNEMOUTH, BH6 4LQ - £550,000

3 MAGNOLIA CLOSE is a midsized extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £550,000 in April 2020, which was around 21% above the average April 2020 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

3 MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 3 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 Bournemouth Christchurch and Poole local authority area for the corresponding sale date. Both of the two 3 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
2020 14 APR	£550,000	£454,791	21% above HPI
1996 24 MAY	£125,000	£89,598	40% above HPI

3 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bournemouth Christchurch and Poole local authority area over time, sourced from the HPI. The two 3 MAGNOLIA CLOSE sales from May 1996 and April 2020 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 May 1996 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the April 2020 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 3 MAGNOLIA CLOSE?

3 MAGNOLIA CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses in Bournemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Bournemouth, and where 3 MAGNOLIA CLOSE lies on this distribution: 60% of detached houses are smaller than 3 MAGNOLIA CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.

3 MAGNOLIA CLOSE: Plot and Title Map

3 MAGNOLIA CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 3 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 3 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 3 MAGNOLIA CLOSE?

3 MAGNOLIA CLOSE is located in BOURNEMOUTH, in the BH6 postcode district. The below map shows the position of No. 3 on MAGNOLIA CLOSE.