47, PALACE GARDENS, BUCKHURST HILL, IG9 5PQ - £637,500

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

47 PALACE GARDENS is a very small extended semi-detached house of 82m², built sometime between 1900 and 1929. It was last sold for £637,500 in February 2024, which was around 35% below the average February 2024 detached price in the Epping Forest local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

47 PALACE GARDENS Sold Prices

Land registry data shows four sales for 47 PALACE GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the four 47 PALACE GARDENS 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
2024 19 FEB	£637,500	£977,528	35% below HPI
2017 22 NOV	£590,000	£855,703	31% below HPI
2012 25 JUL	£409,565	£566,819	28% below HPI
2007 4 SEP	£385,000	£553,471	30% below HPI

47 PALACE GARDENS 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 four 47 PALACE GARDENS sales between September 2007 and February 2024 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 November 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 47 PALACE GARDENS?

47 PALACE GARDENS is 82m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Buckhurst Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Buckhurst Hill, and where 47 PALACE GARDENS lies on this distribution: 6% of detached houses are smaller than 47 PALACE GARDENS, and 94% of houses are larger. Note that EPC data is not available for all properties in Buckhurst Hill.

47 PALACE GARDENS: Plot and Title Map

47 PALACE GARDENS sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 47 PALACE GARDENS, 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 47 PALACE GARDENS). 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 47 PALACE GARDENS?

47 PALACE GARDENS is located in BUCKHURST HILL, in the IG9 postcode district. The below map shows the position of No. 47 on PALACE GARDENS.