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
2 HIGHLAND ROAD is a large detached house of 181m², built sometime between 1991 and 1995. It was last sold for £620,000 in June 2016, which was around 23% below the average June 2016 detached price in the Epping Forest local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 2 HIGHLAND ROAD since 1st 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. One of the three 2 HIGHLAND ROAD sales was for below the average price, whilst two were for above 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 |
---|---|---|---|
2016 29 JUN | £620,000 | £805,821 | 23% below HPI |
1997 25 MAR | £206,000 | £179,656 | 15% above HPI |
1996 9 FEB | £205,000 | £155,772 | 32% above HPI |
The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The three 2 HIGHLAND ROAD sales between February 1996 and June 2016 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 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
2 HIGHLAND ROAD is 181m² according to the EPC inspection conducted in July 2009. This puts it in the largest 40% 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 2 HIGHLAND ROAD lies on this distribution: 68% of detached houses are smaller than 2 HIGHLAND ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Lower Nazeing.
2 HIGHLAND ROAD sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 2 HIGHLAND ROAD, 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 2 HIGHLAND ROAD). 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.
2 HIGHLAND ROAD is located in NAZEING, in the EN9 postcode district. The below map shows the position of No. 2 on HIGHLAND ROAD.