41, THE ORCHARDS, EPPING, CM16 7AT - £405,000

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

41 THE ORCHARDS is a very small extended detached house of 76m², built sometime between 1967 and 1975. It was last sold for £405,000 in August 2011, which was around 27% below the average August 2011 detached price in the Epping Forest local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

41 THE ORCHARDS Sold Prices

Land registry data shows two sales for 41 THE ORCHARDS 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 41 THE ORCHARDS 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
2011 25 AUG	£405,000	£553,572	27% below HPI
1999 5 MAY	£205,000	£230,081	11% below HPI

41 THE ORCHARDS 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 41 THE ORCHARDS sales from May 1999 and August 2011 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 May 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2011 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 41 THE ORCHARDS?

41 THE ORCHARDS is 76m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of detached houses in Epping, based on EPC data. The below chart shows the distribution of detached houses by size in Epping, and where 41 THE ORCHARDS lies on this distribution: 5% of detached houses are smaller than 41 THE ORCHARDS, and 95% of houses are larger. Note that EPC data is not available for all properties in Epping.

41 THE ORCHARDS: Plot and Title Map

41 THE ORCHARDS sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 41 THE ORCHARDS, 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 41 THE ORCHARDS). 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 41 THE ORCHARDS?

41 THE ORCHARDS is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 41 on THE ORCHARDS.