3, ARAGON CLOSE, LOUGHTON, IG10 3NP - £690,000

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.

3 ARAGON CLOSE is a very small detached house of 104m², built sometime between 1991 and 1995, which could now be worth an estimated £763,206. It was last sold for £690,000 in September 2020, which was around 27% below the average September 2020 detached price in the Epping Forest local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

3 ARAGON CLOSE Sold Prices

Land registry data shows three sales for 3 ARAGON CLOSE since 1^st 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. All of the three 3 ARAGON CLOSE 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
2020 16 SEP	£690,000	£939,268	27% below HPI
2019 21 JUN	£665,000	£907,933	27% below HPI
1996 26 SEP	£167,450	£176,378	5% below HPI

3 ARAGON CLOSE 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 three 3 ARAGON CLOSE sales between September 1996 and September 2020 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 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2020 sale, which was also at 27% below the HPI.

What might 3 ARAGON CLOSE be worth now?

3 ARAGON CLOSE might now be worth an estimated £763,206.

This is based on house price inflation of 10.6%, between September 2020 and February 2025, 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 10.6% inflationary increase is applied to the most recent sale price for 3 ARAGON CLOSE of £690,000 on 16th September 2020. For the value to have increased from £690,000 to £763,206 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 ARAGON CLOSE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The September 2020 sale price of £690,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ARAGON CLOSE has not materially changed since September 2020.

How Large is 3 ARAGON CLOSE?

3 ARAGON CLOSE is 104m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughton, and where 3 ARAGON CLOSE lies on this distribution: 16% of detached houses houses are smaller than 3 ARAGON CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Loughton.

3 ARAGON CLOSE: Plot and Title Map

3 ARAGON CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 3 ARAGON CLOSE, 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 3 ARAGON CLOSE). 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 3 ARAGON CLOSE?

3 ARAGON CLOSE is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 3 on ARAGON CLOSE.