48, THE CHINE, LONDON, N21 2ED - £390,000

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

48 THE CHINE is a very small detached house of 74m², built sometime between 1930 and 1949. It was last sold for £390,000 in March 2014, which was around 40% below the average March 2014 detached price in the Enfield local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

48 THE CHINE Sold Prices

Land registry data shows two sales for 48 THE CHINE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Enfield local authority area for the corresponding sale date. Both of the two 48 THE CHINE 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
2014 14 MAR	£390,000	£653,304	40% below HPI
1996 29 NOV	£120,000	£181,437	34% below HPI

48 THE CHINE 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 two 48 THE CHINE sales from November 1996 and March 2014 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 1996 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 48 THE CHINE?

48 THE CHINE is 74m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 48 THE CHINE lies on this distribution: 5% of detached houses are smaller than 48 THE CHINE, and 95% of houses are larger. Note that EPC data is not available for all properties in London.

48 THE CHINE: Plot and Title Map

48 THE CHINE sits on a plot of roughly 0.747 of an acre, or 3,023m². The below map shows the location of 48 THE CHINE, 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 THE CHINE). 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 48 THE CHINE?

48 THE CHINE is located in LONDON, in the N21 postcode district. The below map shows the position of No. 48 on THE CHINE.