51, THE ORCHARDS, EPPING, CM16 7AT - £550,000

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

51 THE ORCHARDS is a very small extended detached house of 81m², built sometime between 1967 and 1975. It was last sold for £550,000 in August 2017, which was around 37% below the average August 2017 detached price in the Epping Forest local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

51 THE ORCHARDS Sold Prices

Land registry data shows two sales for 51 THE ORCHARDS since 1^st 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. Both of the two 51 THE ORCHARDS 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
2017 21 AUG	£550,000	£872,519	37% below HPI
2002 29 JUL	£245,000	£372,037	34% below HPI

51 THE ORCHARDS 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 two 51 THE ORCHARDS sales from July 2002 and August 2017 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 July 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2017 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 51 THE ORCHARDS?

51 THE ORCHARDS is 81m², which includes one extension, according to the EPC inspection conducted in October 2016. 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 51 THE ORCHARDS lies on this distribution: 8% of detached houses are smaller than 51 THE ORCHARDS, and 92% of houses are larger. Note that EPC data is not available for all properties in Epping.

51 THE ORCHARDS: Plot and Title Map

51 THE ORCHARDS sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 51 THE ORCHARDS, 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 51 THE ORCHARDS). 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 51 THE ORCHARDS?

51 THE ORCHARDS is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 51 on THE ORCHARDS.