8, MAGNOLIA CLOSE, SCHOOL AYCLIFFE, NEWTON AYCLIFFE, DL5 6GQ - £260,000

8 MAGNOLIA CLOSE is a large extended detached house of 134m², built sometime between 2003 and 2006. It was last sold for £260,000 in April 2019, which was around 20% above the average April 2019 detached price in the Darlington local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

8 MAGNOLIA CLOSE Sold Prices

Land registry data shows three sales for 8 MAGNOLIA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Darlington local authority area for the corresponding sale date. Two of the three 8 MAGNOLIA CLOSE sales were for above the average price, whilst one 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 25 APR	£260,000	£216,458	20% above HPI
2010 15 JUL	£189,995	£206,739	8% below HPI
2003 27 NOV	£179,950	£160,259	12% above HPI

8 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Darlington local authority area over time, sourced from the HPI. The three 8 MAGNOLIA CLOSE sales between November 2003 and April 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 July 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2019 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 8 MAGNOLIA CLOSE?

8 MAGNOLIA CLOSE is 134m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses in School Aycliffe, based on EPC data. The below chart shows the distribution of detached houses by size in School Aycliffe, and where 8 MAGNOLIA CLOSE lies on this distribution: 72% of detached houses are smaller than 8 MAGNOLIA CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in School Aycliffe.

8 MAGNOLIA CLOSE: Plot and Title Map

8 MAGNOLIA CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 8 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 8 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 8 MAGNOLIA CLOSE?

8 MAGNOLIA CLOSE is located in SCHOOL AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 8 on MAGNOLIA CLOSE.