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
294 LONG BANKS is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £280,000 in June 2019, which was around 47% below the average June 2019 detached price in the Harlow local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 294 LONG BANKS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harlow local authority area for the corresponding sale date. Both of the two 294 LONG BANKS 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 |
---|---|---|---|
2019 3 JUN | £280,000 | £529,391 | 47% below HPI |
2016 5 SEP | £242,500 | £524,397 | 54% below HPI |
The below graph shows the average detached house price in the Harlow local authority area over time, sourced from the HPI. The two 294 LONG BANKS sales from September 2016 and June 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 September 2016 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the June 2019 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.
294 LONG BANKS is 84m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Harlow, based on EPC data. The below chart shows the distribution of detached houses by size in Harlow, and where 294 LONG BANKS lies on this distribution: 10% of detached houses are smaller than 294 LONG BANKS, and 88% of houses are larger. Note that EPC data is not available for all properties in Harlow.
294 LONG BANKS sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 294 LONG BANKS, 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 294 LONG BANKS). 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.
294 LONG BANKS is located in HARLOW, in the CM18 postcode district. The below map shows the position of No. 294 on LONG BANKS.