3, THE SUMMIT, LOUGHTON, IG10 1SW - £855,000

3 THE SUMMIT is a small extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £855,000 in April 2021, which was around 7% below the average April 2021 detached price in the Epping Forest local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

3 THE SUMMIT Sold Prices

Land registry data shows two sales for 3 THE SUMMIT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. Both of the two 3 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
2021 8 APR	£855,000	£919,471	7% below HPI
2004 14 DEC	£438,500	£462,413	5% below HPI

3 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 two 3 THE SUMMIT sales from December 2004 and April 2021 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 THE SUMMIT?

3 THE SUMMIT is 120m², which includes three extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of detached houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses by size in Loughton, and where 3 THE SUMMIT lies on this distribution: 25% of detached houses are smaller than 3 THE SUMMIT, and 74% of houses are larger. Note that EPC data is not available for all properties in Loughton.

3 THE SUMMIT: Plot and Title Map

3 THE SUMMIT sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 3 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 3 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 3 THE SUMMIT?

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