Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
16 PALMERS HILL is a small detached house of 106m², built sometime between 1930 and 1949. It was last sold for £655,000 in April 2024, which was around 33% below the average April 2024 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 16 PALMERS HILL since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. Both of the two 16 PALMERS HILL 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 |
---|---|---|---|
2024 2 APR | £655,000 | £978,209 | 33% below HPI |
1997 29 MAY | £115,000 | £185,220 | 38% below HPI |
The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The two 16 PALMERS HILL sales from May 1997 and April 2024 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 May 1997 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2024 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
16 PALMERS HILL is 106m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses in Epping, based on EPC data. The below chart shows the distribution of detached houses by size in Epping, and where 16 PALMERS HILL lies on this distribution: 25% of detached houses are smaller than 16 PALMERS HILL, and 74% of houses are larger. Note that EPC data is not available for all properties in Epping.
16 PALMERS HILL sits on a plot of roughly 0.124 of an acre, or 504m². The below map shows the location of 16 PALMERS HILL, 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 16 PALMERS HILL). 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.
16 PALMERS HILL is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 16 on PALMERS HILL.