1, NEWNHAM CLOSE, LOUGHTON, IG10 4JG - £945,000

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 NEWNHAM CLOSE is a large extended semi-detached house of 193m², built sometime between 1930 and 1949. It was last sold for £945,000 in January 2016, which was around 21% above the average January 2016 detached price in the Epping Forest local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

1 NEWNHAM CLOSE Sold Prices

Land registry data shows two sales for 1 NEWNHAM 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. One of the two 1 NEWNHAM CLOSE sales was for above the average price, whilst the other was roughly equal to 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
2016 22 JAN	£945,000	£780,639	21% above HPI
2006 17 JUL	£485,000	£484,808	Close to HPI

1 NEWNHAM 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 NEWNHAM CLOSE sales from July 2006 and January 2016 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 July 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2016 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 1 NEWNHAM CLOSE?

1 NEWNHAM CLOSE is 193m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses by size in Loughton, and where 1 NEWNHAM CLOSE lies on this distribution: 65% of detached houses are smaller than 1 NEWNHAM CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Loughton.

1 NEWNHAM CLOSE: Plot and Title Map

1 NEWNHAM CLOSE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 1 NEWNHAM 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 NEWNHAM 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 NEWNHAM CLOSE?

1 NEWNHAM CLOSE is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 1 on NEWNHAM CLOSE.