Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
26 BOWES DRIVE is a large extended detached house of 133m², built sometime between 1950 and 1966. It was last sold for £450,000 in April 2023, which was around 54% below the average April 2023 detached price in the Epping Forest local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 26 BOWES DRIVE 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 26 BOWES DRIVE 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 |
---|---|---|---|
2023 21 APR | £450,000 | £975,099 | 54% below HPI |
1996 30 SEP | £97,000 | £168,933 | 43% 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 26 BOWES DRIVE sales from September 1996 and April 2023 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 September 1996 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the April 2023 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.
26 BOWES DRIVE is 133m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 40% of detached houses in Chipping Ongar, based on EPC data. The below chart shows the distribution of detached houses by size in Chipping Ongar, and where 26 BOWES DRIVE lies on this distribution: 60% of detached houses are smaller than 26 BOWES DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Chipping Ongar.
26 BOWES DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 26 BOWES DRIVE, 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 26 BOWES DRIVE). 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.
26 BOWES DRIVE is located in ONGAR, in the CM5 postcode district. The below map shows the position of No. 26 on BOWES DRIVE.