38, MAGNOLIA DRIVE, CHARTHAM, CANTERBURY, CT4 7TG - £388,000

38 MAGNOLIA DRIVE is a small detached house of 105m², built sometime between 2003 and 2006. It was last sold for £388,000 in March 2019, which was around 16% below the average March 2019 detached price in the Canterbury local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

38 MAGNOLIA DRIVE Sold Prices

Land registry data shows two sales for 38 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 Canterbury local authority area for the corresponding sale date. Both of the two 38 MAGNOLIA DRIVE 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
2019 1 MAR	£388,000	£462,549	16% below HPI
2002 25 OCT	£182,995	£201,676	9% below HPI

38 MAGNOLIA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The two 38 MAGNOLIA DRIVE sales from October 2002 and March 2019 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 October 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 38 MAGNOLIA DRIVE?

38 MAGNOLIA DRIVE is 105m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of detached houses in Shalmsford Street, based on EPC data. The below chart shows the distribution of detached houses by size in Shalmsford Street, and where 38 MAGNOLIA DRIVE lies on this distribution: 26% of detached houses are smaller than 38 MAGNOLIA DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Shalmsford Street.

38 MAGNOLIA DRIVE: Plot and Title Map

38 MAGNOLIA DRIVE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 38 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 38 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 38 MAGNOLIA DRIVE?

38 MAGNOLIA DRIVE is located in CHARTHAM, in the CT4 postcode district. The below map shows the position of No. 38 on MAGNOLIA DRIVE.