19, FRANCIS CLOSE, LONDON, E14 3DE - £418,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

19 FRANCIS CLOSE is a very small terraced house of 51m², built sometime between 1991 and 1995, which could now be worth an estimated £387,852. It was last sold for £418,000 in May 2021, which was around 44% below the average May 2021 terraced price in the Tower Hamlets local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

19 FRANCIS CLOSE Sold Prices

Land registry data shows five sales for 19 FRANCIS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Tower Hamlets local authority area for the corresponding sale date. All of the five 19 FRANCIS CLOSE 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
2021 5 MAY	£418,000	£749,200	44% below HPI
2006 20 JAN	£221,000	£305,700	28% below HPI
2003 17 APR	£200,000	£261,044	23% below HPI
1998 16 FEB	£88,000	£120,399	27% below HPI
1996 22 NOV	£72,950	£97,825	25% below HPI

19 FRANCIS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Tower Hamlets local authority area over time, sourced from the HPI. The five 19 FRANCIS CLOSE sales between November 1996 and May 2021 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 January 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 19 FRANCIS CLOSE be worth now?

19 FRANCIS CLOSE might now be worth an estimated £387,852.

This is based on house price deflation of 7.2%, between May 2021 and April 2026, for terraced houses, in the Tower Hamlets local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.2% deflationary decrease is applied to the most recent sale price for 19 FRANCIS CLOSE of £418,000 on 5th May 2021. For the value to have decreased from £418,000 to £387,852 over the five years and one month to April 2026, the following assumptions must hold true:

• The value of 19 FRANCIS CLOSE has moved in line with the HPI for terraced houses in the Tower Hamlets local authority area.
• The May 2021 sale price of £418,000 represented a fair market value for the property.
• The size, condition, and specification of 19 FRANCIS CLOSE has not materially changed since May 2021.

How Large is 19 FRANCIS CLOSE?

19 FRANCIS CLOSE is 51m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 19 FRANCIS CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 19 FRANCIS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in London.

19 FRANCIS CLOSE: Plot and Title Map

19 FRANCIS CLOSE sits on a plot of roughly 0.014 of an acre, or 57m². The below map shows the location of 19 FRANCIS CLOSE, 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 19 FRANCIS CLOSE). 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 19 FRANCIS CLOSE?

19 FRANCIS CLOSE is located in LONDON, in the E14 postcode district. The below map shows the position of No. 19 on FRANCIS CLOSE.