6, MAGNOLIA CLOSE, FULWOOD, PRESTON, PR2 9PB - £184,500

6 MAGNOLIA CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £184,500 in March 2012, which was around 11% below the average March 2012 detached price in the Preston local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

6 MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 6 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 Preston local authority area for the corresponding sale date. Both of the two 6 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
2012 23 MAR	£184,500	£208,374	11% below HPI
2007 3 JAN	£178,000	£222,264	20% below HPI

6 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The two 6 MAGNOLIA CLOSE sales from January 2007 and March 2012 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 January 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2012 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 6 MAGNOLIA CLOSE?

6 MAGNOLIA CLOSE is 78m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 6 MAGNOLIA CLOSE lies on this distribution: 18% of detached houses are smaller than 6 MAGNOLIA CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Preston.

6 MAGNOLIA CLOSE: Plot and Title Map

6 MAGNOLIA CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 6 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 6 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 6 MAGNOLIA CLOSE?

6 MAGNOLIA CLOSE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 6 on MAGNOLIA CLOSE.