HOLMWOOD, STEEDS WAY, LOUGHTON, IG10 1HX - £1,060,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HOLMWOOD is a midsized extended detached house of 147m², built sometime between 1950 and 1966, which could now be worth an estimated £1,156,037. It was last sold for £1,060,000 in December 2020, which was around 12% above the average December 2020 detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

HOLMWOOD Sold Prices

Land registry data shows three sales for HOLMWOOD since 1^st 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 HOLMWOOD 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
2020 14 DEC	£1,060,000	£943,306	12% above HPI
2006 15 MAR	£550,000	£475,676	16% above HPI
2002 7 JAN	£415,000	£348,227	19% above HPI

HOLMWOOD 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 three HOLMWOOD sales between January 2002 and December 2020 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 2006 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might HOLMWOOD be worth now?

HOLMWOOD might now be worth an estimated £1,156,037.

This is based on house price inflation of 9.1%, between December 2020 and March 2025, 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 9.1% inflationary increase is applied to the most recent sale price for HOLMWOOD of £1,060,000 on 14th December 2020. For the value to have increased from £1,060,000 to £1,156,037 over the five years and nine months to March 2025, the following assumptions must hold true:

• The value of HOLMWOOD has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The December 2020 sale price of £1,060,000 represented a fair market value for the property.
• The size, condition, and specification of HOLMWOOD has not materially changed since December 2020.

How Large is HOLMWOOD?

HOLMWOOD is 147m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% of detached houses houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughton, and where HOLMWOOD lies on this distribution: 42% of detached houses houses are smaller than HOLMWOOD, and 58% of houses are larger. Note that EPC data is not available for all properties in Loughton.

HOLMWOOD: Plot and Title Map

HOLMWOOD sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of HOLMWOOD, 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 HOLMWOOD). 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 HOLMWOOD?

HOLMWOOD is located on STEEDS WAY in LOUGHTON, in the IG10 postcode district. The below map shows the position of HOLMWOOD on STEEDS WAY.