2, PALACE GARDENS, BUCKHURST HILL, IG9 5PQ - £595,000

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

2 PALACE GARDENS is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £595,000 in February 2016, which was around 25% below the average February 2016 detached price in the Epping Forest local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

2 PALACE GARDENS Sold Prices

Land registry data shows two sales for 2 PALACE GARDENS since 1^st 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 2 PALACE GARDENS 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
2016 26 FEB	£595,000	£798,532	25% below HPI
2012 11 JUL	£400,000	£566,819	29% below HPI

2 PALACE GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The two 2 PALACE GARDENS sales from July 2012 and February 2016 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 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 PALACE GARDENS?

2 PALACE GARDENS is 86m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of detached houses in Buckhurst Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Buckhurst Hill, and where 2 PALACE GARDENS lies on this distribution: 7% of detached houses are smaller than 2 PALACE GARDENS, and 93% of houses are larger. Note that EPC data is not available for all properties in Buckhurst Hill.

2 PALACE GARDENS: Plot and Title Map

2 PALACE GARDENS sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 2 PALACE GARDENS, 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 2 PALACE GARDENS). 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 2 PALACE GARDENS?

2 PALACE GARDENS is located in BUCKHURST HILL, in the IG9 postcode district. The below map shows the position of No. 2 on PALACE GARDENS.