5, FAIRMEADS, LOUGHTON, IG10 2NE - £285,000

5 FAIRMEADS is a very small extended detached house of 68m², built sometime between 1996 and 2002. It was last sold for £285,000 in January 2011, which was around 49% below the average January 2011 detached price in the Epping Forest local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

5 FAIRMEADS Sold Prices

Land registry data shows four sales for 5 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 5 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
2011 28 JAN	£285,000	£560,920	49% below HPI
2007 26 OCT	£285,000	£548,422	48% below HPI
2003 26 SEP	£230,000	£435,195	47% below HPI
1999 22 JAN	£119,695	£225,430	47% below HPI

5 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 5 FAIRMEADS sales between January 1999 and January 2011 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 October 2007 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the January 2011 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 5 FAIRMEADS?

5 FAIRMEADS is 68m², which includes one extension, according to the EPC inspection conducted in February 2009. 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 5 FAIRMEADS lies on this distribution: 1% of detached houses are smaller than 5 FAIRMEADS, and 99% of houses are larger. Note that EPC data is not available for all properties in Loughton.

5 FAIRMEADS: Plot and Title Map

5 FAIRMEADS sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 5 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 5 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 5 FAIRMEADS?

5 FAIRMEADS is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 5 on FAIRMEADS.