51, CLOVERLY ROAD, ONGAR, CM5 9BX - £488,000

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

51 CLOVERLY ROAD is a very small extended detached house of 70m², built sometime between 1900 and 1929. It was last sold for £488,000 in August 2022, which was around 51% below the average August 2022 detached price in the Epping Forest local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was C.

51 CLOVERLY ROAD Sold Prices

Land registry data shows two sales for 51 CLOVERLY ROAD 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 51 CLOVERLY ROAD 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
2022 19 AUG	£488,000	£996,067	51% below HPI
2020 18 DEC	£354,000	£903,490	61% below HPI

51 CLOVERLY ROAD 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 51 CLOVERLY ROAD sales from December 2020 and August 2022 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 December 2020 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the August 2022 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 51 CLOVERLY ROAD?

51 CLOVERLY ROAD is 70m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Chipping Ongar, based on EPC data. The below chart shows the distribution of detached houses by size in Chipping Ongar, and where 51 CLOVERLY ROAD lies on this distribution: 4% of detached houses are smaller than 51 CLOVERLY ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Chipping Ongar.

51 CLOVERLY ROAD: Plot and Title Map

51 CLOVERLY ROAD sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 51 CLOVERLY 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 51 CLOVERLY 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.

Where is 51 CLOVERLY ROAD?

51 CLOVERLY ROAD is located in ONGAR, in the CM5 postcode district. The below map shows the position of No. 51 on CLOVERLY ROAD.