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
42 LOWER SWAINES is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £492,500 in December 2015, which was around 36% below the average December 2015 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 42 LOWER SWAINES since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the four 42 LOWER SWAINES 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 |
---|---|---|---|
2015 11 DEC | £492,500 | £769,133 | 36% below HPI |
2012 16 OCT | £345,000 | £582,633 | 41% below HPI |
2004 28 JUN | £197,500 | £443,286 | 55% below HPI |
2004 26 JAN | £116,000 | £439,669 | 74% below HPI |
The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The four 42 LOWER SWAINES sales between January 2004 and December 2015 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 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2015 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.
42 LOWER SWAINES is 75m², which includes one extension, according to the EPC inspection conducted in June 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 42 LOWER SWAINES lies on this distribution: 5% of detached houses are smaller than 42 LOWER SWAINES, and 95% of houses are larger. Note that EPC data is not available for all properties in Epping.
42 LOWER SWAINES sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 42 LOWER SWAINES, 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 LOWER SWAINES). 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.
42 LOWER SWAINES is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 42 on LOWER SWAINES.