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
5 RAVENSMERE is a very large extended detached house of 222m², built sometime between 1967 and 1975. It was last sold for £1,100,000 in July 2020, which was around 23% above the average July 2020 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 5 RAVENSMERE since 1st 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 5 RAVENSMERE sales were for above 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 24 JUL | £1,100,000 | £896,476 | 23% above HPI |
2010 3 FEB | £805,000 | £542,860 | 48% above HPI |
2001 26 JUL | £355,000 | £322,756 | 10% above HPI |
The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The three 5 RAVENSMERE sales between July 2001 and July 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 February 2010 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the July 2020 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.
5 RAVENSMERE is 222m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 20% of detached houses in Epping, based on EPC data. The below chart shows the distribution of detached houses by size in Epping, and where 5 RAVENSMERE lies on this distribution: 86% of detached houses are smaller than 5 RAVENSMERE, and 13% of houses are larger. Note that EPC data is not available for all properties in Epping.
5 RAVENSMERE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 5 RAVENSMERE, 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 RAVENSMERE). 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.
5 RAVENSMERE is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 5 on RAVENSMERE.