9, MAGNOLIA CLOSE, CANVEY ISLAND, SS8 0GD - £337,500

9 MAGNOLIA CLOSE is a very large extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £337,500 in March 2015, which was around 12% above the average March 2015 detached price in the Castle Point local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

9 MAGNOLIA CLOSE Sold Prices

Land registry data shows three sales for 9 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 Castle Point local authority area for the corresponding sale date. All of the three 9 MAGNOLIA CLOSE sales were 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
2015 2 MAR	£337,500	£301,229	12% above HPI
2006 8 SEP	£282,000	£250,225	13% above HPI
2002 13 DEC	£237,950	£203,696	17% above HPI

9 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The three 9 MAGNOLIA CLOSE sales between December 2002 and March 2015 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 September 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2015 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 9 MAGNOLIA CLOSE?

9 MAGNOLIA CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses in Canvey Island, based on EPC data. The below chart shows the distribution of detached houses by size in Canvey Island, and where 9 MAGNOLIA CLOSE lies on this distribution: 81% of detached houses are smaller than 9 MAGNOLIA CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

9 MAGNOLIA CLOSE: Plot and Title Map

9 MAGNOLIA CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 9 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 9 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 9 MAGNOLIA CLOSE?

9 MAGNOLIA CLOSE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 9 on MAGNOLIA CLOSE.