15, FIELD CLOSE, ABRIDGE, ROMFORD, RM4 1DL - £515,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 FIELD CLOSE is a small semi-detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £525,060. It was last sold for £515,000 in June 2022, which was around 9% below the average June 2022 semi-detached price in the Epping Forest local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

15 FIELD CLOSE Sold Prices

Land registry data shows five sales for 15 FIELD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Epping Forest local authority area for the corresponding sale date. Most of the five 15 FIELD CLOSE 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
2022 17 JUN	£515,000	£568,821	9% below HPI
2018 2 NOV	£445,000	£502,115	11% below HPI
2007 15 JAN	£285,000	£290,738	2% below HPI
2001 10 AUG	£184,500	£176,723	4% above HPI
1995 9 JUN	£113,000	£89,690	26% above HPI

15 FIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Epping Forest local authority area over time, sourced from the HPI. The five 15 FIELD CLOSE sales between June 1995 and June 2022 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 November 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 15 FIELD CLOSE be worth now?

15 FIELD CLOSE might now be worth an estimated £525,060.

This is based on house price inflation of 2%, between June 2022 and June 2025, for semi-detached houses, in the Epping Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% inflationary increase is applied to the most recent sale price for 15 FIELD CLOSE of £515,000 on 17th June 2022. For the value to have increased from £515,000 to £525,060 over the three years to June 2025, the following assumptions must hold true:

• The value of 15 FIELD CLOSE has moved in line with the HPI for semi-detached houses in the Epping Forest local authority area.
• The June 2022 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FIELD CLOSE has not materially changed since June 2022.

How Large is 15 FIELD CLOSE?

15 FIELD CLOSE is 97m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of semi-detached houses houses in Abridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Abridge, and where 15 FIELD CLOSE lies on this distribution: 26% of semi-detached houses houses are smaller than 15 FIELD CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Abridge.

15 FIELD CLOSE: Plot and Title Map

15 FIELD CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 15 FIELD CLOSE, 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 15 FIELD CLOSE). 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 15 FIELD CLOSE?

15 FIELD CLOSE is located in ABRIDGE, in the RM4 postcode district. The below map shows the position of No. 15 on FIELD CLOSE.