6, THE DRIVE, LOUGHTON, IG10 1HB - £720,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 THE DRIVE is a very small extended detached house of 111m², built sometime between 1900 and 1929, which could now be worth an estimated £845,948. It was last sold for £720,000 in February 2017, which was around 19% below the average February 2017 detached price in the Epping Forest local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was C.

6 THE DRIVE Sold Prices

Land registry data shows five sales for 6 THE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the five 6 THE DRIVE 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 17 FEB	£720,000	£884,242	19% below HPI
2007 30 MAY	£440,000	£531,831	17% below HPI
2002 28 MAR	£228,000	£356,906	36% below HPI
1999 23 AUG	£139,995	£252,883	45% below HPI
1998 5 AUG	£125,000	£232,283	46% below HPI

6 THE DRIVE 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 five 6 THE DRIVE sales between August 1998 and February 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 May 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 6 THE DRIVE be worth now?

6 THE DRIVE might now be worth an estimated £845,948.

This is based on house price inflation of 17.5%, between February 2017 and February 2025, 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 17.5% inflationary increase is applied to the most recent sale price for 6 THE DRIVE of £720,000 on 17th February 2017. For the value to have increased from £720,000 to £845,948 over the eight years to February 2025, the following assumptions must hold true:

• The value of 6 THE DRIVE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The February 2017 sale price of £720,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE DRIVE has not materially changed since February 2017.

How Large is 6 THE DRIVE?

6 THE DRIVE is 111m², which includes three extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughton, and where 6 THE DRIVE lies on this distribution: 19% of detached houses houses are smaller than 6 THE DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Loughton.

6 THE DRIVE: Plot and Title Map

6 THE DRIVE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 6 THE DRIVE, 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 6 THE DRIVE). 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 6 THE DRIVE?

6 THE DRIVE is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 6 on THE DRIVE.