BROADOAKS, BURY LANE, EPPING, CM16 5HF - £1,675,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BROADOAKS is a very large extended detached house of 279m², built sometime between 1983 and 1990. It was last sold for £1,675,000 in September 2023, which was around 70% above the average September 2023 detached price in the Epping Forest local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

BROADOAKS Sold Prices

Land registry data shows two sales for BROADOAKS 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 BROADOAKS 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
2023 15 SEP	£1,675,000	£983,386	70% above HPI
2016 29 JAN	£1,075,000	£780,639	38% above HPI

BROADOAKS 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 BROADOAKS sales from January 2016 and September 2023 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 2016 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2023 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is BROADOAKS?

BROADOAKS is 279m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Epping, based on EPC data. The below chart shows the distribution of detached houses by size in Epping, and where BROADOAKS lies on this distribution: 93% of detached houses are smaller than BROADOAKS, and 7% of houses are larger. Note that EPC data is not available for all properties in Epping.

BROADOAKS: Plot and Title Map

BROADOAKS sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of BROADOAKS, 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 BROADOAKS). 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 BROADOAKS?

BROADOAKS is located on BURY LANE in EPPING, in the CM16 postcode district. The below map shows the position of BROADOAKS on BURY LANE.