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
48 RUSSELL ROAD is a small extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £780,000 in July 2017, which was around 10% below the average July 2017 detached price in the Epping Forest local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 48 RUSSELL ROAD since 1st 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. Two of the three 48 RUSSELL ROAD sales were for below the average price, whilst one was for above 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 |
---|---|---|---|
2017 21 JUL | £780,000 | £866,040 | 10% below HPI |
2001 13 AUG | £395,000 | £327,708 | 21% above HPI |
1997 23 MAY | £155,000 | £185,220 | 16% below HPI |
The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The three 48 RUSSELL ROAD sales between May 1997 and July 2017 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 2001 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
48 RUSSELL ROAD is 132m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% 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 48 RUSSELL ROAD lies on this distribution: 36% of detached houses are smaller than 48 RUSSELL ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Buckhurst Hill.
48 RUSSELL ROAD sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 48 RUSSELL ROAD, 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 48 RUSSELL ROAD). 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.
48 RUSSELL ROAD is located in BUCKHURST HILL, in the IG9 postcode district. The below map shows the position of No. 48 on RUSSELL ROAD.