1, HERON CLOSE, BUCKHURST HILL, IG9 5TP - £630,000

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.

1 HERON CLOSE is a very small detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £724,481. It was last sold for £630,000 in November 2018, which was around 30% below the average November 2018 detached price in the Epping Forest local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

1 HERON CLOSE Sold Prices

Land registry data shows three sales for 1 HERON CLOSE 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 HERON 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
2018 27 NOV	£630,000	£903,432	30% below HPI
2018 24 AUG	£630,000	£931,664	32% below HPI
2007 28 AUG	£570,000	£577,203	1% below HPI

1 HERON 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 three 1 HERON CLOSE sales between August 2007 and November 2018 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 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2018 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 HERON CLOSE be worth now?

1 HERON CLOSE might now be worth an estimated £724,481.

This is based on house price inflation of 15%, between November 2018 and February 2025, 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 15% inflationary increase is applied to the most recent sale price for 1 HERON CLOSE of £630,000 on 27th November 2018. For the value to have increased from £630,000 to £724,481 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 HERON CLOSE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The November 2018 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HERON CLOSE has not materially changed since November 2018.

How Large is 1 HERON CLOSE?

1 HERON CLOSE is 87m² according to the EPC inspection conducted in August 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 HERON CLOSE lies on this distribution: 8% of detached houses houses are smaller than 1 HERON CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Buckhurst Hill.

1 HERON CLOSE: Plot and Title Map

1 HERON CLOSE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 1 HERON 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 HERON 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 HERON CLOSE?

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