12, NEW FARM DRIVE, ABRIDGE, ROMFORD, RM4 1BT - £845,000

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

12 NEW FARM DRIVE is a very large detached house of 331m², built sometime between 1996 and 2002. It was last sold for £845,000 in October 2015, which was around 12% above the average October 2015 detached price in the Epping Forest local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

12 NEW FARM DRIVE Sold Prices

Land registry data shows two sales for 12 NEW FARM DRIVE 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 12 NEW FARM DRIVE sales was for above the average price, whilst the other was 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 30 OCT	£845,000	£757,492	12% above HPI
2003 7 JUL	£249,970	£442,011	43% below HPI

12 NEW FARM DRIVE 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 12 NEW FARM DRIVE sales from July 2003 and October 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 July 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2015 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 12 NEW FARM DRIVE?

12 NEW FARM DRIVE is 331m² according to the EPC inspection conducted in August 2009. This puts it in the largest 10% of detached houses in Abridge, based on EPC data. The below chart shows the distribution of detached houses by size in Abridge, and where 12 NEW FARM DRIVE lies on this distribution: 93% of detached houses are smaller than 12 NEW FARM DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Abridge.

12 NEW FARM DRIVE: Plot and Title Map

12 NEW FARM DRIVE sits on a plot of roughly 0.144 of an acre, or 585m². The below map shows the location of 12 NEW FARM 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 NEW FARM 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.

Where is 12 NEW FARM DRIVE?

12 NEW FARM DRIVE is located in ABRIDGE, in the RM4 postcode district. The below map shows the position of No. 12 on NEW FARM DRIVE.