THE OAKS, TYSEA HILL, STAPLEFORD ABBOTTS, ROMFORD, RM4 1JP - £550,000

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

THE OAKS is a very small detached house of 118m², built sometime between 1950 and 1966. It was last sold for £550,000 in December 2014, which was around 19% below the average December 2014 detached price in the Epping Forest local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

THE OAKS Sold Prices

Land registry data shows two sales for THE OAKS 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 THE OAKS 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
2014 15 DEC	£550,000	£682,581	19% below HPI
2002 30 AUG	£320,000	£382,900	16% below HPI

THE OAKS 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 THE OAKS sales from August 2002 and December 2014 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 August 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is THE OAKS?

THE OAKS is 118m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Stapleford Abbotts, based on EPC data. The below chart shows the distribution of detached houses by size in Stapleford Abbotts, and where THE OAKS lies on this distribution: 14% of detached houses are smaller than THE OAKS, and 86% of houses are larger. Note that EPC data is not available for all properties in Stapleford Abbotts.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.312 of an acre, or 1,261m². The below map shows the location of THE OAKS, 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 THE OAKS). 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 THE OAKS?

THE OAKS is located on TYSEA HILL in STAPLEFORD ABBOTTS, in the RM4 postcode district. The below map shows the position of THE OAKS on TYSEA HILL.