7, FAIRMEADS, LOUGHTON, IG10 2NE - £533,000

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

7 FAIRMEADS is a very small extended detached house of 86m², built sometime between 1976 and 1982. It was last sold for £533,000 in March 2017, which was around 37% below the average March 2017 detached price in the Epping Forest local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

7 FAIRMEADS Sold Prices

Land registry data shows four sales for 7 FAIRMEADS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the four 7 FAIRMEADS 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 3 MAR	£533,000	£850,222	37% below HPI
2011 3 JUN	£275,000	£547,208	50% below HPI
2001 29 JUN	£195,000	£317,828	39% below HPI
1999 11 JAN	£118,745	£225,430	47% below HPI

7 FAIRMEADS 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 four 7 FAIRMEADS sales between January 1999 and March 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 June 2011 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2017 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 7 FAIRMEADS?

7 FAIRMEADS is 86m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses by size in Loughton, and where 7 FAIRMEADS lies on this distribution: 7% of detached houses are smaller than 7 FAIRMEADS, and 93% of houses are larger. Note that EPC data is not available for all properties in Loughton.

7 FAIRMEADS: Plot and Title Map

7 FAIRMEADS sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 7 FAIRMEADS, 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 7 FAIRMEADS). 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 7 FAIRMEADS?

7 FAIRMEADS is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 7 on FAIRMEADS.