16, STANMORE WAY, LOUGHTON, IG10 2SA - £1,075,000

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.

16 STANMORE WAY is a small extended detached house of 129m², built sometime between 1950 and 1966, which could now be worth an estimated £1,200,472. It was last sold for £1,075,000 in August 2020, which was around 16% above the average August 2020 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was D.

16 STANMORE WAY Sold Prices

Land registry data shows three sales for 16 STANMORE WAY 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 16 STANMORE WAY sales were for above 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
2020 10 AUG	£1,075,000	£930,333	16% above HPI
2019 12 JUL	£1,025,000	£898,663	14% above HPI
2014 28 FEB	£710,000	£647,321	10% above HPI

16 STANMORE WAY 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 16 STANMORE WAY sales between February 2014 and August 2020 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 July 2019 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2020 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 16 STANMORE WAY be worth now?

16 STANMORE WAY might now be worth an estimated £1,200,472.

This is based on house price inflation of 11.7%, between August 2020 and February 2025, for 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 11.7% inflationary increase is applied to the most recent sale price for 16 STANMORE WAY of £1,075,000 on 10th August 2020. For the value to have increased from £1,075,000 to £1,200,472 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 16 STANMORE WAY has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The August 2020 sale price of £1,075,000 represented a fair market value for the property.
• The size, condition, and specification of 16 STANMORE WAY has not materially changed since August 2020.

How Large is 16 STANMORE WAY?

16 STANMORE WAY is 129m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% of detached houses houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughton, and where 16 STANMORE WAY lies on this distribution: 31% of detached houses houses are smaller than 16 STANMORE WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Loughton.

16 STANMORE WAY: Plot and Title Map

16 STANMORE WAY sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 16 STANMORE WAY, 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 16 STANMORE WAY). 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 16 STANMORE WAY?

16 STANMORE WAY is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 16 on STANMORE WAY.