4, MAGNOLIA DRIVE, BLACKWOOD, NP12 1WU - £225,000

4 MAGNOLIA DRIVE is a small extended detached house of 101m², built sometime between 1991 and 1995. It was last sold for £225,000 in June 2019, which was about the average June 2019 detached price in the Caerphilly local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

4 MAGNOLIA DRIVE Sold Prices

Land registry data shows two sales for 4 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 Caerphilly local authority area for the corresponding sale date. One of the two 4 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
2019 21 JUN	£225,000	£224,228	Close to HPI
2017 13 OCT	£185,000	£206,687	10% below HPI

4 MAGNOLIA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Caerphilly local authority area over time, sourced from the HPI. The two 4 MAGNOLIA DRIVE sales from October 2017 and June 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 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2019 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 4 MAGNOLIA DRIVE?

4 MAGNOLIA DRIVE is 101m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses in Blackwood, based on EPC data. The below chart shows the distribution of detached houses by size in Blackwood, and where 4 MAGNOLIA DRIVE lies on this distribution: 37% of detached houses are smaller than 4 MAGNOLIA DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Blackwood.

4 MAGNOLIA DRIVE: Plot and Title Map

4 MAGNOLIA DRIVE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 4 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 4 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 4 MAGNOLIA DRIVE?

4 MAGNOLIA DRIVE is located in BLACKWOOD, in the NP12 postcode district. The below map shows the position of No. 4 on MAGNOLIA DRIVE.