7, HOMEFIELD CLOSE, EPPING, CM16 4RB - £545,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 HOMEFIELD CLOSE is a midsized detached house of 131m², built sometime between 1950 and 1966, which could now be worth an estimated £914,027. It was last sold for £545,000 in September 2010, which was around 9% below the average September 2010 detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

7 HOMEFIELD CLOSE Sold Prices

Land registry data shows two sales for 7 HOMEFIELD CLOSE 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 7 HOMEFIELD CLOSE 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
2010 30 SEP	£545,000	£595,910	9% below HPI
2001 4 APR	£280,000	£335,544	17% below HPI

7 HOMEFIELD CLOSE 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 7 HOMEFIELD CLOSE sales from April 2001 and September 2010 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 April 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2010 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 7 HOMEFIELD CLOSE be worth now?

7 HOMEFIELD CLOSE might now be worth an estimated £914,027.

This is based on house price inflation of 67.7%, between September 2010 and December 2024, 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 67.7% inflationary increase is applied to the most recent sale price for 7 HOMEFIELD CLOSE of £545,000 on 30th September 2010. For the value to have increased from £545,000 to £914,027 over the thirteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 7 HOMEFIELD CLOSE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The September 2010 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HOMEFIELD CLOSE has not materially changed since September 2010.

How Large is 7 HOMEFIELD CLOSE?

7 HOMEFIELD CLOSE is 131m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 50% of detached houses houses in Epping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Epping, and where 7 HOMEFIELD CLOSE lies on this distribution: 42% of detached houses houses are smaller than 7 HOMEFIELD CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Epping.

7 HOMEFIELD CLOSE: Plot and Title Map

7 HOMEFIELD CLOSE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 7 HOMEFIELD CLOSE, 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 HOMEFIELD CLOSE). 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 HOMEFIELD CLOSE?

7 HOMEFIELD CLOSE is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 7 on HOMEFIELD CLOSE.