2, FORESTERS COTTAGES, EPPING ROAD, ONGAR, CM5 0BE - £400,000

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.

2 FORESTERS COTTAGES is a midsized extended terraced house of 106m², built sometime before 1900, which could now be worth an estimated £461,627. It was last sold for £400,000 in July 2019, which was around 1% below the average July 2019 terraced price in the Epping Forest local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

2 FORESTERS COTTAGES Sold Prices

Land registry data shows five sales for 2 FORESTERS COTTAGES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Epping Forest local authority area for the corresponding sale date. Most of the five 2 FORESTERS COTTAGES 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
2019 19 JUL	£400,000	£403,766	1% below HPI
2006 31 MAY	£272,000	£224,407	21% above HPI
2003 24 OCT	£248,000	£191,379	30% above HPI
2003 27 MAR	£247,500	£179,406	38% above HPI
2000 24 JAN	£115,000	£109,104	5% above HPI

2 FORESTERS COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Epping Forest local authority area over time, sourced from the HPI. The five 2 FORESTERS COTTAGES sales between January 2000 and July 2019 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 2006 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2019 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 2 FORESTERS COTTAGES be worth now?

2 FORESTERS COTTAGES might now be worth an estimated £461,627.

This is based on house price inflation of 15.4%, between July 2019 and May 2026, for terraced 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 15.4% inflationary increase is applied to the most recent sale price for 2 FORESTERS COTTAGES of £400,000 on 19th July 2019. For the value to have increased from £400,000 to £461,627 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 2 FORESTERS COTTAGES has moved in line with the HPI for terraced houses in the Epping Forest local authority area.
• The July 2019 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FORESTERS COTTAGES has not materially changed since July 2019.

How Large is 2 FORESTERS COTTAGES?

2 FORESTERS COTTAGES is 106m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 50% of terraced houses houses in Shelley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Shelley, and where 2 FORESTERS COTTAGES lies on this distribution: 41% of terraced houses houses are smaller than 2 FORESTERS COTTAGES, and 59% of houses are larger. Note that EPC data is not available for all properties in Shelley.

2 FORESTERS COTTAGES: Plot and Title Map

2 FORESTERS COTTAGES sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 2 FORESTERS COTTAGES, 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 2 FORESTERS COTTAGES). 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 2 FORESTERS COTTAGES?

2 FORESTERS COTTAGES is located on EPPING ROAD in ONGAR, in the CM5 postcode district. The below map shows the position of 2 FORESTERS COTTAGES on EPPING ROAD.