LEABANK COTTAGE, SEDGE GREEN, ROYDON, HARLOW, CM19 5JS - £465,000

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

LEABANK COTTAGE is a very small extended detached house of 107m², built sometime between 1930 and 1949. It was last sold for £465,000 in March 2015, which was around 34% below the average March 2015 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

LEABANK COTTAGE Sold Prices

Land registry data shows two sales for LEABANK COTTAGE 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 LEABANK COTTAGE 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
2015 26 MAR	£465,000	£708,093	34% below HPI
1995 28 APR	£128,000	£161,360	21% below HPI

LEABANK COTTAGE 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 LEABANK COTTAGE sales from April 1995 and March 2015 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 1995 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is LEABANK COTTAGE?

LEABANK COTTAGE is 107m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Lower Nazeing, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Nazeing, and where LEABANK COTTAGE lies on this distribution: 18% of detached houses are smaller than LEABANK COTTAGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Lower Nazeing.

LEABANK COTTAGE: Plot and Title Map

LEABANK COTTAGE sits on a plot of roughly 0.364 of an acre, or 1,472m². The below map shows the location of LEABANK COTTAGE, 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 LEABANK COTTAGE). 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 LEABANK COTTAGE?

LEABANK COTTAGE is located on SEDGE GREEN in ROYDON, in the CM19 postcode district. The below map shows the position of LEABANK COTTAGE on SEDGE GREEN.