14, THE DRIVE, LOUGHTON, IG10 1HB - £580,000

14 THE DRIVE is a very small extended detached house of 102m², built sometime between 1900 and 1929. It was last sold for £580,000 in July 2015, which was around 18% below the average July 2015 detached price in the Epping Forest local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was E.

14 THE DRIVE Sold Prices

Land registry data shows three sales for 14 THE DRIVE 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 14 THE DRIVE 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 24 JUL	£580,000	£708,474	18% below HPI
2013 7 OCT	£456,000	£615,523	26% below HPI
2001 21 SEP	£242,500	£343,937	29% below HPI

14 THE DRIVE 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 14 THE DRIVE sales between September 2001 and July 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 October 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 14 THE DRIVE?

14 THE DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% of detached houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses by size in Loughton, and where 14 THE DRIVE lies on this distribution: 15% of detached houses are smaller than 14 THE DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Loughton.

14 THE DRIVE: Plot and Title Map

14 THE DRIVE sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 14 THE DRIVE, 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 14 THE DRIVE). 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 14 THE DRIVE?

14 THE DRIVE is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 14 on THE DRIVE.