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
61 THE ORCHARDS is a large detached house of 162m², built sometime between 1950 and 1966. It was last sold for £895,000 in September 2022, which was around 10% below the average September 2022 detached price in the Epping Forest local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 61 THE ORCHARDS 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. Both of the two 61 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 |
---|---|---|---|
2022 8 SEP | £895,000 | £995,182 | 10% below HPI |
2016 26 SEP | £528,000 | £830,739 | 36% below 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 61 THE ORCHARDS sales from September 2016 and September 2022 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 September 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
61 THE ORCHARDS is 162m² according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses in Epping, based on EPC data. The below chart shows the distribution of detached houses by size in Epping, and where 61 THE ORCHARDS lies on this distribution: 62% of detached houses are smaller than 61 THE ORCHARDS, and 37% of houses are larger. Note that EPC data is not available for all properties in Epping.
61 THE ORCHARDS sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 61 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 61 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.
61 THE ORCHARDS is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 61 on THE ORCHARDS.