38, MARJORAMS AVENUE, LOUGHTON, IG10 1PU - £390,000

38 MARJORAMS AVENUE is a very small semi-detached house of 86m², built sometime between 1950 and 1966. It was last sold for £390,000 in July 2012, which was around 31% below the average July 2012 detached price in the Epping Forest local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

38 MARJORAMS AVENUE Sold Prices

Land registry data shows three sales for 38 MARJORAMS AVENUE 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 38 MARJORAMS AVENUE 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
2012 16 JUL	£390,000	£566,819	31% below HPI
2000 14 JUL	£182,500	£293,132	38% below HPI
1995 17 NOV	£100,000	£160,704	38% below HPI

38 MARJORAMS AVENUE 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 38 MARJORAMS AVENUE sales between November 1995 and July 2012 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 July 2000 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2012 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 38 MARJORAMS AVENUE?

38 MARJORAMS AVENUE is 86m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses by size in Loughton, and where 38 MARJORAMS AVENUE lies on this distribution: 7% of detached houses are smaller than 38 MARJORAMS AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Loughton.

38 MARJORAMS AVENUE: Plot and Title Map

38 MARJORAMS AVENUE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 38 MARJORAMS AVENUE, 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 38 MARJORAMS AVENUE). 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 38 MARJORAMS AVENUE?

38 MARJORAMS AVENUE is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 38 on MARJORAMS AVENUE.