3, THE SQUARE, LOUGHTON, IG10 3FE - £362,000

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.

3 THE SQUARE is a very small terraced house of 111m², which could now be worth an estimated £593,083. It was last sold for £362,000 in October 2013, which was around 27% above the average October 2013 terraced price in the Epping Forest local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was B.

3 THE SQUARE Sold Prices

Land registry data shows two sales for 3 THE SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Epping Forest local authority area for the corresponding sale date. Both of the two 3 THE SQUARE 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
2013 18 OCT	£362,000	£284,416	27% above HPI
2009 22 MAY	£295,000	£219,501	34% above HPI

3 THE SQUARE 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 two 3 THE SQUARE sales from May 2009 and October 2013 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 2009 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2013 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 3 THE SQUARE be worth now?

3 THE SQUARE might now be worth an estimated £593,083.

This is based on house price inflation of 63.8%, between October 2013 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 63.8% inflationary increase is applied to the most recent sale price for 3 THE SQUARE of £362,000 on 18th October 2013. For the value to have increased from £362,000 to £593,083 over the thirteen years and five months to May 2026, the following assumptions must hold true:

• The value of 3 THE SQUARE has moved in line with the HPI for terraced houses in the Epping Forest local authority area.
• The October 2013 sale price of £362,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE SQUARE has not materially changed since October 2013.

How Large is 3 THE SQUARE?

3 THE SQUARE is 111m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of terraced houses houses in Loughton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Loughton, and where 3 THE SQUARE lies on this distribution: 19% of terraced houses houses are smaller than 3 THE SQUARE, and 81% of houses are larger. Note that EPC data is not available for all properties in Loughton.

3 THE SQUARE: Plot and Title Map

3 THE SQUARE sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 3 THE SQUARE, 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 3 THE SQUARE). 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 3 THE SQUARE?

3 THE SQUARE is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 3 on THE SQUARE.