4, FAIRMEADS, LOUGHTON, IG10 2NE - £425,000

4 FAIRMEADS is a very small extended detached house of 68m², built sometime between 1996 and 2002. It was last sold for £425,000 in September 2019, which was around 51% below the average September 2019 detached price in the Epping Forest local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

4 FAIRMEADS Sold Prices

Land registry data shows four sales for 4 FAIRMEADS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the four 4 FAIRMEADS 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 12 SEP	£425,000	£859,421	51% below HPI
2004 23 JUL	£250,000	£446,165	44% below HPI
2002 15 MAY	£205,000	£359,819	43% below HPI
1998 1 JUL	£120,645	£221,469	46% below HPI

4 FAIRMEADS 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 four 4 FAIRMEADS sales between July 1998 and September 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 July 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2019 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 4 FAIRMEADS?

4 FAIRMEADS is 68m², which includes one extension, according to the EPC inspection conducted in October 2018. 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 4 FAIRMEADS lies on this distribution: 1% of detached houses are smaller than 4 FAIRMEADS, and 99% of houses are larger. Note that EPC data is not available for all properties in Loughton.

4 FAIRMEADS: Plot and Title Map

4 FAIRMEADS sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 4 FAIRMEADS, 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 4 FAIRMEADS). 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 4 FAIRMEADS?

4 FAIRMEADS is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 4 on FAIRMEADS.