WILBANK, NURSERY ROAD, NAZEING, WALTHAM ABBEY, EN9 2JE - £595,000

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

WILBANK is a large detached house of 199m², built sometime from 2012 onwards. It was last sold for £595,000 in August 2014, which was around 12% below the average August 2014 detached price in the Epping Forest local authority area. The most recent EPC inspection was May 2023, where the current energy rating was B, and the potential energy rating was B.

WILBANK Sold Prices

Land registry data shows two sales for WILBANK 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 WILBANK 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 29 AUG	£595,000	£674,886	12% below HPI
2011 13 MAY	£142,000	£563,819	75% below HPI

WILBANK 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 WILBANK sales from May 2011 and August 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 May 2011 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the August 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is WILBANK?

WILBANK is 199m² according to the EPC inspection conducted in May 2023. This puts it in the largest 30% 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 WILBANK lies on this distribution: 75% of detached houses are smaller than WILBANK, and 25% of houses are larger. Note that EPC data is not available for all properties in Lower Nazeing.

WILBANK: Plot and Title Map

WILBANK sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of WILBANK, 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 WILBANK). 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 WILBANK?

WILBANK is located on NURSERY ROAD in NAZEING, in the EN9 postcode district. The below map shows the position of WILBANK on NURSERY ROAD.