29, ALDERWOOD DRIVE, ABRIDGE, ROMFORD, RM4 1DJ - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

29 ALDERWOOD DRIVE is a small extended semi-detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £675,886. It was last sold for £325,000 in August 2009, which was around 13% above the average August 2009 semi-detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2008, where the current energy rating was D, and the potential energy rating was C.

29 ALDERWOOD DRIVE Sold Prices

Land registry data shows two sales for 29 ALDERWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Epping Forest local authority area for the corresponding sale date. Both of the two 29 ALDERWOOD DRIVE sales 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
2009 7 AUG	£325,000	£288,286	13% above HPI
2004 9 NOV	£280,000	£275,320	2% above HPI

29 ALDERWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Epping Forest local authority area over time, sourced from the HPI. The two 29 ALDERWOOD DRIVE sales from November 2004 and August 2009 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 November 2004 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2009 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 29 ALDERWOOD DRIVE be worth now?

29 ALDERWOOD DRIVE might now be worth an estimated £675,886.

This is based on house price inflation of 108%, between August 2009 and February 2025, for semi-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 108% inflationary increase is applied to the most recent sale price for 29 ALDERWOOD DRIVE of £325,000 on 7th August 2009. For the value to have increased from £325,000 to £675,886 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 29 ALDERWOOD DRIVE has moved in line with the HPI for semi-detached houses in the Epping Forest local authority area.
• The August 2009 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 29 ALDERWOOD DRIVE has not materially changed since August 2009.

How Large is 29 ALDERWOOD DRIVE?

29 ALDERWOOD DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in September 2008. This puts it in the smallest 30% of semi-detached houses houses in Abridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Abridge, and where 29 ALDERWOOD DRIVE lies on this distribution: 29% of semi-detached houses houses are smaller than 29 ALDERWOOD DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Abridge.

29 ALDERWOOD DRIVE: Plot and Title Map

29 ALDERWOOD DRIVE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 29 ALDERWOOD 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 29 ALDERWOOD 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 29 ALDERWOOD DRIVE?

29 ALDERWOOD DRIVE is located in ABRIDGE, in the RM4 postcode district. The below map shows the position of No. 29 on ALDERWOOD DRIVE.