3, MAGNOLIA CLOSE, CANVEY ISLAND, SS8 0GD - £272,000

3 MAGNOLIA CLOSE is a large detached house of 111m², built sometime between 1996 and 2002. It was last sold for £272,000 in October 2013, which was around 4% above the average October 2013 detached price in the Castle Point local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

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 Castle Point 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
2013 15 OCT	£272,000	£262,574	4% above HPI
2002 1 MAY	£205,000	£169,570	21% above HPI

3 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The two 3 MAGNOLIA CLOSE sales from May 2002 and October 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 May 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2013 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 3 MAGNOLIA CLOSE?

3 MAGNOLIA CLOSE is 111m² according to the EPC inspection conducted in July 2013. This puts it in the largest 40% of detached houses in Canvey Island, based on EPC data. The below chart shows the distribution of detached houses by size in Canvey Island, and where 3 MAGNOLIA CLOSE lies on this distribution: 68% of detached houses are smaller than 3 MAGNOLIA CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

3 MAGNOLIA CLOSE: Plot and Title Map

3 MAGNOLIA CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². 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 CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 3 on MAGNOLIA CLOSE.