1, GREENACRES, EPPING, CM16 6RS - £625,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GREENACRES is a very small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £625,000 in April 2024, which was around 37% below the average April 2024 detached price in the Epping Forest local authority area. The most recent EPC inspection was December 2023, where the current energy rating was B, and the potential energy rating was B.

1 GREENACRES Sold Prices

Land registry data shows three sales for 1 GREENACRES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the three 1 GREENACRES 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
2024 18 APR	£625,000	£984,309	37% below HPI
2008 2 MAY	£429,000	£569,529	25% below HPI
2006 20 OCT	£275,000	£496,428	45% below HPI

1 GREENACRES 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 three 1 GREENACRES sales between October 2006 and April 2024 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 May 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 GREENACRES?

1 GREENACRES is 65m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% of detached houses in Epping, based on EPC data. The below chart shows the distribution of detached houses by size in Epping, and where 1 GREENACRES lies on this distribution: 1% of detached houses are smaller than 1 GREENACRES, and 99% of houses are larger. Note that EPC data is not available for all properties in Epping.

1 GREENACRES: Plot and Title Map

1 GREENACRES sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 1 GREENACRES, 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 GREENACRES). 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 GREENACRES?

1 GREENACRES is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 1 on GREENACRES.