32, THE GABLES, ONGAR, CM5 0GA - £408,000

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

32 THE GABLES is a very small extended detached house of 84m², built sometime between 2003 and 2006. It was last sold for £408,000 in November 2018, which was around 53% below the average November 2018 detached price in the Epping Forest local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

32 THE GABLES Sold Prices

Land registry data shows two sales for 32 THE GABLES 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 32 THE GABLES 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
2018 23 NOV	£408,000	£865,299	53% below HPI
2006 30 JUN	£250,000	£472,382	47% below HPI

32 THE GABLES 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 32 THE GABLES sales from June 2006 and November 2018 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 June 2006 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2018 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 32 THE GABLES?

32 THE GABLES is 84m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Shelley, based on EPC data. The below chart shows the distribution of detached houses by size in Shelley, and where 32 THE GABLES lies on this distribution: 10% of detached houses are smaller than 32 THE GABLES, and 87% of houses are larger. Note that EPC data is not available for all properties in Shelley.

32 THE GABLES: Plot and Title Map

32 THE GABLES sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 32 THE GABLES, 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 32 THE GABLES). 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 32 THE GABLES?

32 THE GABLES is located in ONGAR, in the CM5 postcode district. The below map shows the position of No. 32 on THE GABLES.