MAGNOLIA, RECTORY ROAD, ALDERBURY, SALISBURY, SP5 3AD - £550,000

MAGNOLIA is a very large extended detached house of 211m², built sometime between 1950 and 1966. It was last sold for £550,000 in November 2019, which was around 32% above the average November 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

MAGNOLIA Sold Prices

Land registry data shows three sales for MAGNOLIA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. The three MAGNOLIA sales were a mix of above the average price, roughly equal to the average price, and 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 22 NOV	£550,000	£416,871	32% above HPI
2017 7 JUL	£345,000	£407,528	15% below HPI
2011 18 NOV	£315,000	£314,304	Close to HPI

MAGNOLIA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The three MAGNOLIA sales between November 2011 and November 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 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2019 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is MAGNOLIA?

MAGNOLIA is 211m², which includes three extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 20% of detached houses in Alderbury, based on EPC data. The below chart shows the distribution of detached houses by size in Alderbury, and where MAGNOLIA lies on this distribution: 90% of detached houses are smaller than MAGNOLIA, and 10% of houses are larger. Note that EPC data is not available for all properties in Alderbury.

MAGNOLIA: Plot and Title Map

MAGNOLIA sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of MAGNOLIA, 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). 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?

MAGNOLIA is located on RECTORY ROAD in ALDERBURY, in the SP5 postcode district. The below map shows the position of MAGNOLIA on RECTORY ROAD.