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
63 TOWER ROAD is a large extended detached house of 192m², built sometime between 1950 and 1966. It was last sold for £630,000 in December 2013, which was around 2% above the average December 2013 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 63 TOWER ROAD 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. Most of the four 63 TOWER 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 |
---|---|---|---|
2013 19 DEC | £630,000 | £617,969 | 2% above HPI |
2007 16 MAR | £330,000 | £500,384 | 34% below HPI |
2004 4 AUG | £315,000 | £456,634 | 31% below HPI |
1995 19 JUN | £108,000 | £159,581 | 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 four 63 TOWER ROAD sales between June 1995 and December 2013 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 March 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2013 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
63 TOWER ROAD is 192m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 30% of detached houses in Epping, based on EPC data. The below chart shows the distribution of detached houses by size in Epping, and where 63 TOWER ROAD lies on this distribution: 77% of detached houses are smaller than 63 TOWER ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Epping.
63 TOWER ROAD sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 63 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 63 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.
63 TOWER ROAD is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 63 on TOWER ROAD.