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
5 WESTERN ROAD is a very large extended detached house of 239m², built sometime between 1950 and 1966. It was last sold for £455,000 in November 2009, which was around 13% below the average November 2009 detached price in the Epping Forest local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 5 WESTERN ROAD since 1st 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. One of the two 5 WESTERN ROAD sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2009 12 NOV | £455,000 | £522,400 | 13% below HPI |
1996 26 JAN | £175,000 | £160,837 | 9% 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 two 5 WESTERN ROAD sales from January 1996 and November 2009 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 1996 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2009 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
5 WESTERN ROAD is 239m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 20% of detached houses in Lower Nazeing, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Nazeing, and where 5 WESTERN ROAD lies on this distribution: 88% of detached houses are smaller than 5 WESTERN ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Lower Nazeing.
5 WESTERN ROAD sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 5 WESTERN ROAD, 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 WESTERN ROAD). 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 WESTERN ROAD is located in NAZEING, in the EN9 postcode district. The below map shows the position of No. 5 on WESTERN ROAD.