11, WALTER MEAD CLOSE, ONGAR, CM5 0BW - £315,000

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

11 WALTER MEAD CLOSE is a very small semi-detached house of 69m², built sometime between 2003 and 2006. It was last sold for £315,000 in September 2015, which was around 58% below the average September 2015 detached price in the Epping Forest local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

11 WALTER MEAD CLOSE Sold Prices

Land registry data shows three sales for 11 WALTER MEAD 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 11 WALTER MEAD 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
2015 9 SEP	£315,000	£747,730	58% below HPI
2008 3 MAR	£267,000	£569,244	53% below HPI
2005 22 JUL	£258,875	£459,887	44% below HPI

11 WALTER MEAD 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 11 WALTER MEAD CLOSE sales between July 2005 and September 2015 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 March 2008 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the September 2015 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 11 WALTER MEAD CLOSE?

11 WALTER MEAD CLOSE is 69m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Shelley, based on EPC data. The below chart shows the distribution of detached houses by size in Shelley, and where 11 WALTER MEAD CLOSE lies on this distribution: 4% of detached houses are smaller than 11 WALTER MEAD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Shelley.

11 WALTER MEAD CLOSE: Plot and Title Map

11 WALTER MEAD CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 11 WALTER MEAD 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 11 WALTER MEAD 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 11 WALTER MEAD CLOSE?

11 WALTER MEAD CLOSE is located in ONGAR, in the CM5 postcode district. The below map shows the position of No. 11 on WALTER MEAD CLOSE.