3, THE PAVILIONS, ONGAR, CM5 0PX - £600,000

3 THE PAVILIONS is a very large extended detached house of 195m², built sometime between 1996 and 2002. It was last sold for £600,000 in October 2013, which was around 3% below the average October 2013 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

3 THE PAVILIONS Sold Prices

Land registry data shows two sales for 3 THE PAVILIONS 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. One of the two 3 THE PAVILIONS sales was for below the average price, whilst the other was for above 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 4 OCT	£600,000	£615,523	3% below HPI
1998 28 AUG	£305,000	£222,478	37% above HPI

3 THE PAVILIONS 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 3 THE PAVILIONS sales from August 1998 and October 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 August 1998 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2013 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 THE PAVILIONS?

3 THE PAVILIONS is 195m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 20% 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 3 THE PAVILIONS lies on this distribution: 89% of detached houses are smaller than 3 THE PAVILIONS, and 11% of houses are larger. Note that EPC data is not available for all properties in Chipping Ongar.

3 THE PAVILIONS: Plot and Title Map

3 THE PAVILIONS sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 3 THE PAVILIONS, 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 3 THE PAVILIONS). 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 3 THE PAVILIONS?

3 THE PAVILIONS is located in ONGAR, in the CM5 postcode district. The below map shows the position of No. 3 on THE PAVILIONS.