5, BUTTERCROSS LANE, EPPING, CM16 5AA - £747,500

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.

5 BUTTERCROSS LANE is a large extended terraced house of 162m², built sometime before 1900, which could now be worth an estimated £836,687. It was last sold for £747,500 in May 2019, which was around 83% above the average May 2019 terraced price in the Epping Forest local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

5 BUTTERCROSS LANE Sold Prices

Land registry data shows three sales for 5 BUTTERCROSS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Epping Forest local authority area for the corresponding sale date. All of the three 5 BUTTERCROSS LANE 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
2019 22 MAY	£747,500	£407,378	83% above HPI
2016 14 JAN	£710,000	£364,666	95% above HPI
2012 15 JUN	£595,000	£264,714	125% above HPI

5 BUTTERCROSS LANE 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 three 5 BUTTERCROSS LANE sales between June 2012 and May 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 January 2016 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the May 2019 sale, where it falls to 83% above the HPI. The line then continues to track at 83% above the HPI.

What might 5 BUTTERCROSS LANE be worth now?

5 BUTTERCROSS LANE might now be worth an estimated £836,687.

This is based on house price inflation of 11.9%, between May 2019 and April 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 11.9% inflationary increase is applied to the most recent sale price for 5 BUTTERCROSS LANE of £747,500 on 22nd May 2019. For the value to have increased from £747,500 to £836,687 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 5 BUTTERCROSS LANE has moved in line with the HPI for terraced houses in the Epping Forest local authority area.
• The May 2019 sale price of £747,500 represented a fair market value for the property.
• The size, condition, and specification of 5 BUTTERCROSS LANE has not materially changed since May 2019.

How Large is 5 BUTTERCROSS LANE?

5 BUTTERCROSS LANE is 162m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 40% of terraced houses houses in Epping, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Epping, and where 5 BUTTERCROSS LANE lies on this distribution: 63% of terraced houses houses are smaller than 5 BUTTERCROSS LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Epping.

5 BUTTERCROSS LANE: Plot and Title Map

5 BUTTERCROSS LANE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 5 BUTTERCROSS LANE, 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 5 BUTTERCROSS LANE). 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 5 BUTTERCROSS LANE?

5 BUTTERCROSS LANE is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 5 on BUTTERCROSS LANE.