8, THE DRIVE, BUCKHURST HILL, IG9 5RB - £582,500

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

8 THE DRIVE is a large extended detached house of 165m², built sometime between 1967 and 1975. It was last sold for £582,500 in September 2012, which was around 2% below the average September 2012 detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

8 THE DRIVE Sold Prices

Land registry data shows two sales for 8 THE DRIVE 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. One of the two 8 THE DRIVE sales was for below the average price, whilst the other was 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
2012 21 SEP	£582,500	£594,824	2% below HPI
2002 11 JAN	£375,000	£348,227	8% above HPI

8 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 two 8 THE DRIVE sales from January 2002 and September 2012 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 January 2002 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2012 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 8 THE DRIVE be worth now?

8 THE DRIVE might now be worth an estimated £978,703.

This is based on house price inflation of 68%, between September 2012 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 68% inflationary increase is applied to the most recent sale price for 8 THE DRIVE of £582,500 on 21st September 2012. For the value to have increased from £582,500 to £978,703 over the eleven years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 THE DRIVE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The September 2012 sale price of £582,500 represented a fair market value for the property.
• The size, condition, and specification of 8 THE DRIVE has not materially changed since September 2012.

How Large is 8 THE DRIVE?

8 THE DRIVE is 165m², which includes two extensions, according to the EPC inspection conducted in September 2024. This puts it in the largest 40% of detached houses houses in Buckhurst Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Buckhurst Hill, and where 8 THE DRIVE lies on this distribution: 63% of detached houses houses are smaller than 8 THE DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Buckhurst Hill.

8 THE DRIVE: Plot and Title Map

8 THE DRIVE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 8 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 8 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 8 THE DRIVE?

8 THE DRIVE is located in BUCKHURST HILL, in the IG9 postcode district. The below map shows the position of No. 8 on THE DRIVE.