5, PICARDY CLOSE, HODDESDON, EN11 0FA - £620,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 PICARDY CLOSE is a large detached house of 162m², which could now be worth an estimated £612,062. It was last sold for £620,000 in July 2024, which was around 39% below the average July 2024 detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was A.

5 PICARDY CLOSE Sold Prices

Land registry data shows four sales for 5 PICARDY CLOSE since 1^st 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 5 PICARDY 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
2024 29 JUL	£620,000	£1,012,370	39% below HPI
2018 12 JAN	£580,000	£909,443	36% below HPI
2017 30 JUN	£600,000	£893,642	33% below HPI
2016 15 JAN	£582,500	£815,042	29% below HPI

5 PICARDY 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 four 5 PICARDY CLOSE sales between January 2016 and July 2024 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 January 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2024 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 5 PICARDY CLOSE be worth now?

5 PICARDY CLOSE might now be worth an estimated £612,062.

This is based on house price deflation of 1.3%, between July 2024 and December 2024, 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 1.3% deflationary decrease is applied to the most recent sale price for 5 PICARDY CLOSE of £620,000 on 29th July 2024. For the value to have decreased from £620,000 to £612,062 over the seven months to December 2024, the following assumptions must hold true:

• The value of 5 PICARDY CLOSE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The July 2024 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PICARDY CLOSE has not materially changed since July 2024.

How Large is 5 PICARDY CLOSE?

5 PICARDY CLOSE is 162m² according to the EPC inspection conducted in September 2015. This puts it in the largest 40% of detached houses houses in Hoddesdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hoddesdon, and where 5 PICARDY CLOSE lies on this distribution: 65% of detached houses houses are smaller than 5 PICARDY CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Hoddesdon.

5 PICARDY CLOSE: Plot and Title Map

5 PICARDY CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 5 PICARDY 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 5 PICARDY 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 5 PICARDY CLOSE?

5 PICARDY CLOSE is located in HODDESDON, in the EN11 postcode district. The below map shows the position of No. 5 on PICARDY CLOSE.