51, SPRING GROVE, LOUGHTON, IG10 4QD - £887,500

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.

51 SPRING GROVE is a large extended detached house of 185m², built sometime between 1930 and 1949, which could now be worth an estimated £1,548,714. It was last sold for £887,500 in December 2011, which was around 51% above the average December 2011 detached price in the Epping Forest local authority area. The most recent EPC inspection was May 2010, where the current energy rating was F, and the potential energy rating was E.

51 SPRING GROVE Sold Prices

Land registry data shows two sales for 51 SPRING GROVE 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 51 SPRING GROVE 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
2011 2 DEC	£887,500	£589,543	51% above HPI
2002 12 SEP	£565,000	£415,532	36% above HPI

51 SPRING GROVE 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 51 SPRING GROVE sales from September 2002 and December 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 September 2002 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the December 2011 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 51 SPRING GROVE be worth now?

51 SPRING GROVE might now be worth an estimated £1,548,714.

This is based on house price inflation of 74.5%, between December 2011 and March 2025, for detached 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 74.5% inflationary increase is applied to the most recent sale price for 51 SPRING GROVE of £887,500 on 2nd December 2011. For the value to have increased from £887,500 to £1,548,714 over the fourteen years and nine months to March 2025, the following assumptions must hold true:

• The value of 51 SPRING GROVE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The December 2011 sale price of £887,500 represented a fair market value for the property.
• The size, condition, and specification of 51 SPRING GROVE has not materially changed since December 2011.

How Large is 51 SPRING GROVE?

51 SPRING GROVE is 185m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 40% of detached houses houses in Loughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughton, and where 51 SPRING GROVE lies on this distribution: 62% of detached houses houses are smaller than 51 SPRING GROVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Loughton.

51 SPRING GROVE: Plot and Title Map

51 SPRING GROVE sits on a plot of roughly 0.213 of an acre, or 863m². The below map shows the location of 51 SPRING GROVE, 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 51 SPRING GROVE). 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 51 SPRING GROVE?

51 SPRING GROVE is located in LOUGHTON, in the IG10 postcode district. The below map shows the position of No. 51 on SPRING GROVE.