5, MAGNOLIA CLOSE, HERTFORD, SG13 7UR - £665,000

5 MAGNOLIA CLOSE is a small extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £665,000 in June 2019, which was around 6% below the average June 2019 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

5 MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 5 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 East Hertfordshire local authority area for the corresponding sale date. Both of the two 5 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
2019 7 JUN	£665,000	£711,079	6% below HPI
2003 19 DEC	£295,000	£368,697	20% below HPI

5 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two 5 MAGNOLIA CLOSE sales from December 2003 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 December 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 5 MAGNOLIA CLOSE?

5 MAGNOLIA CLOSE is 116m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 5 MAGNOLIA CLOSE lies on this distribution: 31% of detached houses are smaller than 5 MAGNOLIA CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Hertford.

5 MAGNOLIA CLOSE: Plot and Title Map

5 MAGNOLIA CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 5 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 5 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 5 MAGNOLIA CLOSE?

5 MAGNOLIA CLOSE is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 5 on MAGNOLIA CLOSE.