4, MAGNOLIA CLOSE, PARK STREET, ST ALBANS, AL2 2PP - £500,000

4 MAGNOLIA CLOSE is a midsized extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £500,000 in March 2015, which was around 40% below the average March 2015 detached price in the St Albans local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

4 MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 4 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 St Albans local authority area for the corresponding sale date. Both of the two 4 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
2015 23 MAR	£500,000	£830,278	40% below HPI
1998 18 SEP	£180,000	£254,971	29% below HPI

4 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the St Albans local authority area over time, sourced from the HPI. The two 4 MAGNOLIA CLOSE sales from September 1998 and March 2015 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 September 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 4 MAGNOLIA CLOSE?

4 MAGNOLIA CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% of detached houses in Park Street, based on EPC data. The below chart shows the distribution of detached houses by size in Park Street, and where 4 MAGNOLIA CLOSE lies on this distribution: 48% of detached houses are smaller than 4 MAGNOLIA CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Park Street.

4 MAGNOLIA CLOSE: Plot and Title Map

4 MAGNOLIA CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 4 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 4 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 4 MAGNOLIA CLOSE?

4 MAGNOLIA CLOSE is located in PARK STREET, in the AL2 postcode district. The below map shows the position of No. 4 on MAGNOLIA CLOSE.