2, LANCASTER DRIVE, LOUGHTON, IG10 3NQ - £465,000

2 LANCASTER DRIVE is a small detached house of 128m², built sometime between 1996 and 2002. It was last sold for £465,000 in November 2006, which was around 5% below the average November 2006 detached price in the Epping Forest local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was C.

2 LANCASTER DRIVE Sold Prices

Land registry data shows three sales for 2 LANCASTER 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. Two of the three 2 LANCASTER DRIVE sales were for below the average price, whilst one was 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
2006 24 NOV	£465,000	£491,006	5% below HPI
2002 11 NOV	£370,000	£406,557	9% below HPI
1996 3 SEP	£172,950	£168,933	2% above HPI

2 LANCASTER 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 2 LANCASTER DRIVE sales between September 1996 and November 2006 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 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2006 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 LANCASTER DRIVE?

2 LANCASTER DRIVE is 128m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses by size in Loughton, and where 2 LANCASTER DRIVE lies on this distribution: 31% of detached houses are smaller than 2 LANCASTER DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Loughton.

2 LANCASTER DRIVE: Plot and Title Map

2 LANCASTER DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 2 LANCASTER 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 2 LANCASTER 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 2 LANCASTER DRIVE?

2 LANCASTER DRIVE is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 2 on LANCASTER DRIVE.