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 LOWER BURY LANE is a large extended detached house of 191m², built sometime between 1950 and 1966. It was last sold for £925,000 in June 2018, which was around 5% above the average June 2018 detached price in the Epping Forest local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was E.
Land registry data shows three sales for 7 LOWER BURY LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the three 7 LOWER BURY LANE sales were for above 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 |
---|---|---|---|
2018 29 JUN | £925,000 | £876,834 | 5% above HPI |
2011 25 MAR | £680,000 | £576,313 | 18% above HPI |
1995 28 JUL | £205,000 | £160,287 | 28% above HPI |
The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The three 7 LOWER BURY LANE sales between July 1995 and June 2018 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 March 2011 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.
7 LOWER BURY LANE is 191m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the largest 30% of detached houses in Epping, based on EPC data. The below chart shows the distribution of detached houses by size in Epping, and where 7 LOWER BURY LANE lies on this distribution: 77% of detached houses are smaller than 7 LOWER BURY LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Epping.
7 LOWER BURY LANE sits on a plot of roughly 0.264 of an acre, or 1,068m². The below map shows the location of 7 LOWER BURY LANE, 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 LOWER BURY LANE). 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.
7 LOWER BURY LANE is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 7 on LOWER BURY LANE.