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
51 PALACE GARDENS is a very small extended semi-detached house of 104m², built sometime before 1900. It was last sold for £380,000 in September 2012, which was around 33% below the average September 2012 detached price in the Epping Forest local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 51 PALACE GARDENS since 1st 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 51 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 |
---|---|---|---|
2012 10 SEP | £380,000 | £569,717 | 33% below HPI |
2003 11 AUG | £285,000 | £430,579 | 34% below HPI |
2002 9 AUG | £270,000 | £382,900 | 29% below HPI |
1996 2 APR | £125,000 | £158,268 | 21% 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 four 51 PALACE GARDENS sales between April 1996 and September 2012 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 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2012 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
51 PALACE GARDENS is 104m², which includes three extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% 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 51 PALACE GARDENS lies on this distribution: 18% of detached houses are smaller than 51 PALACE GARDENS, and 82% of houses are larger. Note that EPC data is not available for all properties in Buckhurst Hill.
51 PALACE GARDENS sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 51 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 51 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.
51 PALACE GARDENS is located in BUCKHURST HILL, in the IG9 postcode district. The below map shows the position of No. 51 on PALACE GARDENS.