MAGNOLIA LODGE, DURFOLD WOOD, PLAISTOW, BILLINGSHURST, RH14 0PL - £775,000

MAGNOLIA LODGE is a midsized extended detached house of 204m², built sometime between 1950 and 1966. It was last sold for £775,000 in September 2020, which was around 22% above the average September 2020 detached price in the Chichester local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was C.

MAGNOLIA LODGE Sold Prices

Land registry data shows three sales for MAGNOLIA LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three MAGNOLIA LODGE 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
2020 9 SEP	£775,000	£636,582	22% above HPI
2004 5 MAR	£390,000	£368,754	6% above HPI
1996 28 JUN	£180,000	£131,580	37% above HPI

MAGNOLIA LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The three MAGNOLIA LODGE sales between June 1996 and September 2020 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 March 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is MAGNOLIA LODGE?

MAGNOLIA LODGE is 204m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the largest 50% of detached houses in Durfold Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Durfold Wood, and where MAGNOLIA LODGE lies on this distribution: 52% of detached houses are smaller than MAGNOLIA LODGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Durfold Wood.

MAGNOLIA LODGE: Plot and Title Map

MAGNOLIA LODGE sits on a plot of roughly 0.378 of an acre, or 1,528m². The below map shows the location of MAGNOLIA LODGE, 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 LODGE). 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 LODGE?

MAGNOLIA LODGE is located on DURFOLD WOOD in PLAISTOW, in the RH14 postcode district. The below map shows the position of MAGNOLIA LODGE on DURFOLD WOOD.