42, FAIRMEADS, LOUGHTON, IG10 2NE - £530,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

42 FAIRMEADS is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £530,000 in December 2020, which was around 41% below the average December 2020 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

42 FAIRMEADS Sold Prices

Land registry data shows three sales for 42 FAIRMEADS 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 42 FAIRMEADS 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 15 DEC	£530,000	£903,490	41% below HPI
2014 19 DEC	£390,000	£682,581	43% below HPI
1998 10 DEC	£123,495	£224,278	45% below HPI

42 FAIRMEADS 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 42 FAIRMEADS sales between December 1998 and December 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 December 2014 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2020 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 42 FAIRMEADS?

42 FAIRMEADS is 70m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses by size in Loughton, and where 42 FAIRMEADS lies on this distribution: 1% of detached houses are smaller than 42 FAIRMEADS, and 98% of houses are larger. Note that EPC data is not available for all properties in Loughton.

42 FAIRMEADS: Plot and Title Map

42 FAIRMEADS sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 42 FAIRMEADS, 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 42 FAIRMEADS). 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 42 FAIRMEADS?

42 FAIRMEADS is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 42 on FAIRMEADS.