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
12 FIRS DRIVE is a very large detached house of 244m². It was last sold for £1,030,000 in October 2018, which was around 21% above the average October 2018 detached price in the Epping Forest local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows four sales for 12 FIRS DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. Most of the four 12 FIRS DRIVE 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 29 OCT | £1,030,000 | £853,781 | 21% above HPI |
2003 20 MAY | £315,000 | £430,726 | 27% below HPI |
1998 7 JAN | £118,000 | £210,108 | 44% below HPI |
1997 30 MAY | £100,000 | £185,220 | 46% below HPI |
The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The four 12 FIRS DRIVE sales between May 1997 and October 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 May 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2018 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.
12 FIRS DRIVE is 244m² according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses by size in Loughton, and where 12 FIRS DRIVE lies on this distribution: 81% of detached houses are smaller than 12 FIRS DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Loughton.
12 FIRS DRIVE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 12 FIRS DRIVE, 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 12 FIRS DRIVE). 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.
12 FIRS DRIVE is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 12 on FIRS DRIVE.