63, THE GABLES, ONGAR, CM5 0GA - £355,000

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.

63 THE GABLES is a very small terraced house of 57m², built sometime between 2003 and 2006, which could now be worth an estimated £417,270. It was last sold for £355,000 in May 2017, which was around 10% below the average May 2017 terraced price in the Epping Forest local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

63 THE GABLES Sold Prices

Land registry data shows four sales for 63 THE GABLES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Epping Forest local authority area for the corresponding sale date. Most of the four 63 THE GABLES 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
2017 31 MAY	£355,000	£396,435	10% below HPI
2011 2 SEP	£227,000	£251,694	10% below HPI
2008 12 DEC	£200,000	£238,552	16% below HPI
2005 16 DEC	£220,000	£214,536	3% above HPI

63 THE GABLES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Epping Forest local authority area over time, sourced from the HPI. The four 63 THE GABLES sales between December 2005 and May 2017 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 September 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2017 sale, which was also at 10% below the HPI.

What might 63 THE GABLES be worth now?

63 THE GABLES might now be worth an estimated £417,270.

This is based on house price inflation of 17.5%, between May 2017 and May 2026, for terraced houses, in the Epping Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.5% inflationary increase is applied to the most recent sale price for 63 THE GABLES of £355,000 on 31st May 2017. For the value to have increased from £355,000 to £417,270 over the nine years to May 2026, the following assumptions must hold true:

• The value of 63 THE GABLES has moved in line with the HPI for terraced houses in the Epping Forest local authority area.
• The May 2017 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 63 THE GABLES has not materially changed since May 2017.

How Large is 63 THE GABLES?

63 THE GABLES is 57m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of terraced houses houses in Shelley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Shelley, and where 63 THE GABLES lies on this distribution: 1% of terraced houses houses are smaller than 63 THE GABLES, and 99% of houses are larger. Note that EPC data is not available for all properties in Shelley.

63 THE GABLES: Plot and Title Map

63 THE GABLES sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 63 THE GABLES, 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 THE GABLES). 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 63 THE GABLES?

63 THE GABLES is located in ONGAR, in the CM5 postcode district. The below map shows the position of No. 63 on THE GABLES.