23, THE DRUMMONDS, EPPING, CM16 4PJ - £650,000

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.

23 THE DRUMMONDS is a small extended terraced house of 124m², built sometime between 1967 and 1975, which could now be worth an estimated £750,981. It was last sold for £650,000 in February 2017, which was around 65% above the average February 2017 terraced price in the Epping Forest local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

23 THE DRUMMONDS Sold Prices

Land registry data shows five sales for 23 THE DRUMMONDS 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. All of the five 23 THE DRUMMONDS 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
2017 8 FEB	£650,000	£394,670	65% above HPI
2007 10 OCT	£410,000	£260,026	58% above HPI
1999 8 JUN	£157,000	£101,005	55% above HPI
1996 18 DEC	£121,995	£76,146	60% above HPI
1995 1 SEP	£115,000	£70,342	63% above HPI

23 THE DRUMMONDS 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 23 THE DRUMMONDS sales between September 1995 and February 2017 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 2007 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the February 2017 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 23 THE DRUMMONDS be worth now?

23 THE DRUMMONDS might now be worth an estimated £750,981.

This is based on house price inflation of 15.5%, between February 2017 and April 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 15.5% inflationary increase is applied to the most recent sale price for 23 THE DRUMMONDS of £650,000 on 8th February 2017. For the value to have increased from £650,000 to £750,981 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 23 THE DRUMMONDS has moved in line with the HPI for terraced houses in the Epping Forest local authority area.
• The February 2017 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 23 THE DRUMMONDS has not materially changed since February 2017.

How Large is 23 THE DRUMMONDS?

23 THE DRUMMONDS is 124m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of terraced houses houses in Epping, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Epping, and where 23 THE DRUMMONDS lies on this distribution: 37% of terraced houses houses are smaller than 23 THE DRUMMONDS, and 63% of houses are larger. Note that EPC data is not available for all properties in Epping.

23 THE DRUMMONDS: Plot and Title Map

23 THE DRUMMONDS sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 23 THE DRUMMONDS, 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 23 THE DRUMMONDS). 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 23 THE DRUMMONDS?

23 THE DRUMMONDS is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 23 on THE DRUMMONDS.