7, MAGNOLIA CLOSE, FULWOOD, PRESTON, PR2 9PB - £200,000

7 MAGNOLIA CLOSE is a small detached house of 90m², built sometime between 1991 and 1995. It was last sold for £200,000 in August 2007, which was around 17% below the average August 2007 detached price in the Preston local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

7 MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 7 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. One of the two 7 MAGNOLIA CLOSE sales was for below the average price, whilst the other was for above 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
2007 31 AUG	£200,000	£241,873	17% below HPI
2002 13 DEC	£136,000	£128,115	6% above HPI

7 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 7 MAGNOLIA CLOSE sales from December 2002 and August 2007 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 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2007 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 MAGNOLIA CLOSE?

7 MAGNOLIA CLOSE is 90m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 40% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 7 MAGNOLIA CLOSE lies on this distribution: 32% of detached houses are smaller than 7 MAGNOLIA CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Preston.

7 MAGNOLIA CLOSE: Plot and Title Map

7 MAGNOLIA CLOSE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 7 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 7 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 7 MAGNOLIA CLOSE?

7 MAGNOLIA CLOSE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 7 on MAGNOLIA CLOSE.