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

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

12 NEW FARM DRIVE is a very large detached house of 331m², built sometime between 1996 and 2002, which could now be worth an estimated £1,067,807. It was last sold for £845,000 in October 2015, which was around 7% 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	£790,874	7% above HPI
2003 7 JUL	£249,970	£461,490	46% 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 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2015 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 12 NEW FARM DRIVE be worth now?

12 NEW FARM DRIVE might now be worth an estimated £1,067,807.

This is based on house price inflation of 26.4%, between October 2015 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 26.4% inflationary increase is applied to the most recent sale price for 12 NEW FARM DRIVE of £845,000 on 30th October 2015. For the value to have increased from £845,000 to £1,067,807 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 12 NEW FARM DRIVE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The October 2015 sale price of £845,000 represented a fair market value for the property.
• The size, condition, and specification of 12 NEW FARM DRIVE has not materially changed since October 2015.

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 houses in Abridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Abridge, and where 12 NEW FARM DRIVE lies on this distribution: 93% of detached houses 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 0.145 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.