3, TARNBANK, ENFIELD, EN2 7JX - £430,000

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

3 TARNBANK is a small detached house of 116m², built sometime from 2007 onwards. It was last sold for £430,000 in July 2013, which was around 30% below the average July 2013 detached price in the Enfield local authority area. The most recent EPC inspection was October 2012, where the current energy rating was B, and the potential energy rating was B.

3 TARNBANK Sold Prices

Land registry data shows three sales for 3 TARNBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Enfield local authority area for the corresponding sale date. All of the three 3 TARNBANK 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
2013 12 JUL	£430,000	£615,279	30% below HPI
2003 28 APR	£248,000	£436,641	43% below HPI
1996 28 MAY	£94,000	£173,434	46% below HPI

3 TARNBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Enfield local authority area over time, sourced from the HPI. The three 3 TARNBANK sales between May 1996 and July 2013 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 April 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2013 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 TARNBANK?

3 TARNBANK is 116m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 3 TARNBANK lies on this distribution: 31% of detached houses are smaller than 3 TARNBANK, and 68% of houses are larger. Note that EPC data is not available for all properties in London.

3 TARNBANK: Plot and Title Map

3 TARNBANK sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 3 TARNBANK, 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 3 TARNBANK). 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 3 TARNBANK?

3 TARNBANK is located in ENFIELD, in the EN2 postcode district. The below map shows the position of No. 3 on TARNBANK.