1, ELM CLOSE, BUCKHURST HILL, IG9 6HL - £530,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ELM CLOSE is a very small extended detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £585,960. It was last sold for £530,000 in November 2019, which was around 41% below the average November 2019 detached price in the Epping Forest local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

1 ELM CLOSE Sold Prices

Land registry data shows two sales for 1 ELM CLOSE 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. Both of the two 1 ELM 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
2019 15 NOV	£530,000	£903,964	41% below HPI
2007 22 FEB	£307,500	£513,465	40% below HPI

1 ELM CLOSE 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 1 ELM CLOSE sales from February 2007 and November 2019 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 February 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2019 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 1 ELM CLOSE be worth now?

1 ELM CLOSE might now be worth an estimated £585,960.

This is based on house price inflation of 10.6%, between November 2019 and December 2024, for detached 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 10.6% inflationary increase is applied to the most recent sale price for 1 ELM CLOSE of £530,000 on 15th November 2019. For the value to have increased from £530,000 to £585,960 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 ELM CLOSE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The November 2019 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELM CLOSE has not materially changed since November 2019.

How Large is 1 ELM CLOSE?

1 ELM CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses houses in Buckhurst Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Buckhurst Hill, and where 1 ELM CLOSE lies on this distribution: 7% of detached houses houses are smaller than 1 ELM CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Buckhurst Hill.

1 ELM CLOSE: Plot and Title Map

1 ELM CLOSE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 1 ELM 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 1 ELM 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 1 ELM CLOSE?

1 ELM CLOSE is located in BUCKHURST HILL, in the IG9 postcode district. The below map shows the position of No. 1 on ELM CLOSE.