MAGNOLIA COTTAGE, LIMECROFT ROAD, KNAPHILL, WOKING, GU21 2TH - £345,000

MAGNOLIA COTTAGE is a very small extended semi-detached house of 79m², built sometime between 1900 and 1929. It was last sold for £345,000 in November 2013, which was around 45% below the average November 2013 detached price in the Woking local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

MAGNOLIA COTTAGE Sold Prices

Land registry data shows two sales for MAGNOLIA COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Woking local authority area for the corresponding sale date. Both of the two MAGNOLIA COTTAGE 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
2013 21 NOV	£345,000	£623,623	45% below HPI
2004 16 JAN	£220,500	£418,310	47% below HPI

MAGNOLIA COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Woking local authority area over time, sourced from the HPI. The two MAGNOLIA COTTAGE sales from January 2004 and November 2013 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 2004 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2013 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is 79m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses in Woking, based on EPC data. The below chart shows the distribution of detached houses by size in Woking, and where MAGNOLIA COTTAGE lies on this distribution: 7% of detached houses are smaller than MAGNOLIA COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Woking.

MAGNOLIA COTTAGE: Plot and Title Map

MAGNOLIA COTTAGE sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of MAGNOLIA COTTAGE, 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 MAGNOLIA COTTAGE). 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 MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is located on LIMECROFT ROAD in KNAPHILL, in the GU21 postcode district. The below map shows the position of MAGNOLIA COTTAGE on LIMECROFT ROAD.