12A, THE ORCHARDS, EPPING, CM16 7BB - £565,000

12A THE ORCHARDS is a very small detached house of 90m², built sometime between 1976 and 1982. It was last sold for £565,000 in June 2016, which was around 30% below the average June 2016 detached price in the Epping Forest local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

12A THE ORCHARDS Sold Prices

Land registry data shows two sales for 12A THE ORCHARDS 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 12A THE ORCHARDS 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
2016 13 JUN	£565,000	£805,821	30% below HPI
2001 19 OCT	£265,000	£347,702	24% below HPI

12A THE ORCHARDS 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 12A THE ORCHARDS sales from October 2001 and June 2016 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 October 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 12A THE ORCHARDS?

12A THE ORCHARDS is 90m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses in Epping, based on EPC data. The below chart shows the distribution of detached houses by size in Epping, and where 12A THE ORCHARDS lies on this distribution: 14% of detached houses are smaller than 12A THE ORCHARDS, and 85% of houses are larger. Note that EPC data is not available for all properties in Epping.

12A THE ORCHARDS: Plot and Title Map

12A THE ORCHARDS sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 12A THE ORCHARDS, 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 12A THE ORCHARDS). 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 12A THE ORCHARDS?

12A THE ORCHARDS is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 12A on THE ORCHARDS.