24, THE SUMMIT, LOUGHTON, IG10 1SW - £800,000

24 THE SUMMIT is a midsized extended detached house of 165m², built sometime between 1967 and 1975. It was last sold for £800,000 in July 2019, which was around 7% below the average July 2019 detached price in the Epping Forest local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

24 THE SUMMIT Sold Prices

Land registry data shows three sales for 24 THE SUMMIT 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 24 THE SUMMIT 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
2019 19 JUL	£800,000	£860,731	7% below HPI
2004 7 DEC	£450,000	£462,413	3% below HPI
1997 26 NOV	£195,000	£202,992	4% below HPI

24 THE SUMMIT 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 24 THE SUMMIT sales between November 1997 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 December 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2019 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 24 THE SUMMIT?

24 THE SUMMIT is 165m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses by size in Loughton, and where 24 THE SUMMIT lies on this distribution: 53% of detached houses are smaller than 24 THE SUMMIT, and 46% of houses are larger. Note that EPC data is not available for all properties in Loughton.

24 THE SUMMIT: Plot and Title Map

24 THE SUMMIT sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 24 THE SUMMIT, 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 24 THE SUMMIT). 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 24 THE SUMMIT?

24 THE SUMMIT is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 24 on THE SUMMIT.