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
53 TOWER ROAD is a large extended detached house of 160m², built sometime between 1930 and 1949. It was last sold for £859,000 in May 2018, which was about the average May 2018 detached price in the Epping Forest local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 53 TOWER ROAD since 1st 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. One of the two 53 TOWER ROAD sales was roughly equal to the average price, whilst the other was 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 |
---|---|---|---|
2018 9 MAY | £859,000 | £857,854 | Close to HPI |
2012 31 JUL | £385,000 | £566,819 | 32% 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 two 53 TOWER ROAD sales from July 2012 and May 2018 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 July 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
53 TOWER ROAD is 160m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 40% of detached houses in Epping, based on EPC data. The below chart shows the distribution of detached houses by size in Epping, and where 53 TOWER ROAD lies on this distribution: 60% of detached houses are smaller than 53 TOWER ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Epping.
53 TOWER ROAD sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 53 TOWER 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 53 TOWER 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.
53 TOWER ROAD is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 53 on TOWER ROAD.