1, LANTERNS, WHITAKERS WAY, LOUGHTON, IG10 1SQ - £562,500

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 LANTERNS is a small extended detached house of 141m², built sometime between 1983 and 1990, which could now be worth an estimated £964,176. It was last sold for £562,500 in July 2010, which was around 4% below the average July 2010 detached price in the Epping Forest local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

1 LANTERNS Sold Prices

Land registry data shows two sales for 1 LANTERNS 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 LANTERNS 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
2010 29 JUL	£562,500	£583,055	4% below HPI
2002 12 SEP	£385,000	£415,532	7% below HPI

1 LANTERNS 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 LANTERNS sales from September 2002 and July 2010 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 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2010 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 LANTERNS be worth now?

1 LANTERNS might now be worth an estimated £964,176.

This is based on house price inflation of 71.4%, between July 2010 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 71.4% inflationary increase is applied to the most recent sale price for 1 LANTERNS of £562,500 on 29th July 2010. For the value to have increased from £562,500 to £964,176 over the thirteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 LANTERNS has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The July 2010 sale price of £562,500 represented a fair market value for the property.
• The size, condition, and specification of 1 LANTERNS has not materially changed since July 2010.

How Large is 1 LANTERNS?

1 LANTERNS is 141m², which includes two extensions, according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of detached houses houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughton, and where 1 LANTERNS lies on this distribution: 38% of detached houses houses are smaller than 1 LANTERNS, and 62% of houses are larger. Note that EPC data is not available for all properties in Loughton.

1 LANTERNS: Plot and Title Map

1 LANTERNS sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 1 LANTERNS, 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 LANTERNS). 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 LANTERNS?

1 LANTERNS is located on WHITAKERS WAY in LOUGHTON, in the IG10 postcode district. The below map shows the position of 1 LANTERNS on WHITAKERS WAY.