40, MARJORAMS AVENUE, LOUGHTON, IG10 1PU - £625,000

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

40 MARJORAMS AVENUE is a midsized extended detached house of 180m², built sometime between 1950 and 1966. It was last sold for £625,000 in September 2014, which was around 9% below the average September 2014 detached price in the Epping Forest local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

40 MARJORAMS AVENUE Sold Prices

Land registry data shows two sales for 40 MARJORAMS AVENUE 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 40 MARJORAMS AVENUE sales was for below the average price, whilst the other was roughly equal to 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
2014 5 SEP	£625,000	£685,648	9% below HPI
1997 27 OCT	£200,000	£200,670	Close to HPI

40 MARJORAMS AVENUE 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 40 MARJORAMS AVENUE sales from October 1997 and September 2014 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 October 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 40 MARJORAMS AVENUE?

40 MARJORAMS AVENUE is 180m², which includes four extensions, according to the EPC inspection conducted in January 2021. This puts it in the largest 40% of detached houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses by size in Loughton, and where 40 MARJORAMS AVENUE lies on this distribution: 60% of detached houses are smaller than 40 MARJORAMS AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Loughton.

40 MARJORAMS AVENUE: Plot and Title Map

40 MARJORAMS AVENUE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 40 MARJORAMS AVENUE, 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 40 MARJORAMS AVENUE). 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 40 MARJORAMS AVENUE?

40 MARJORAMS AVENUE is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 40 on MARJORAMS AVENUE.