39, THE GABLES, ONGAR, CM5 0GA - £385,000

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

39 THE GABLES is a very small extended detached house of 84m², built sometime between 2003 and 2006. It was last sold for £385,000 in September 2019, which was around 55% below the average September 2019 detached price in the Epping Forest local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

39 THE GABLES Sold Prices

Land registry data shows three sales for 39 THE GABLES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the three 39 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
2019 20 SEP	£385,000	£859,421	55% below HPI
2013 16 AUG	£290,000	£594,235	51% below HPI
2006 22 SEP	£263,000	£501,041	48% below HPI

39 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 three 39 THE GABLES sales between September 2006 and September 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 August 2013 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the September 2019 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 39 THE GABLES?

39 THE GABLES is 84m², which includes one extension, according to the EPC inspection conducted in April 2012. 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 39 THE GABLES lies on this distribution: 10% of detached houses are smaller than 39 THE GABLES, and 87% of houses are larger. Note that EPC data is not available for all properties in Shelley.

39 THE GABLES: Plot and Title Map

39 THE GABLES sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 39 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 39 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 39 THE GABLES?

39 THE GABLES is located in ONGAR, in the CM5 postcode district. The below map shows the position of No. 39 on THE GABLES.