14, BANES DOWN, NAZEING, WALTHAM ABBEY, EN9 2NU - £480,000

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

14 BANES DOWN is a very small extended detached house of 64m², built sometime between 1950 and 1966. It was last sold for £480,000 in March 2021, which was around 45% below the average March 2021 detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2020, where the current energy rating was F, and the potential energy rating was B.

14 BANES DOWN Sold Prices

Land registry data shows two sales for 14 BANES DOWN 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. Both of the two 14 BANES DOWN 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
2021 22 MAR	£480,000	£868,200	45% below HPI
1998 17 JUN	£139,995	£218,592	36% below HPI

14 BANES DOWN 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 14 BANES DOWN sales from June 1998 and March 2021 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 June 1998 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 14 BANES DOWN?

14 BANES DOWN is 64m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Lower Nazeing, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Nazeing, and where 14 BANES DOWN lies on this distribution: 1% of detached houses are smaller than 14 BANES DOWN, and 99% of houses are larger. Note that EPC data is not available for all properties in Lower Nazeing.

14 BANES DOWN: Plot and Title Map

14 BANES DOWN sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 14 BANES DOWN, 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 14 BANES DOWN). 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 14 BANES DOWN?

14 BANES DOWN is located in NAZEING, in the EN9 postcode district. The below map shows the position of No. 14 on BANES DOWN.