62A, CENTRE DRIVE, EPPING, CM16 4JE - £410,000

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.

62A CENTRE DRIVE is a very small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £692,461. It was last sold for £410,000 in February 2011, which was around 30% below the average February 2011 detached price in the Epping Forest local authority area. The most recent EPC inspection was October 2009, where the current energy rating was F, and the potential energy rating was D.

62A CENTRE DRIVE Sold Prices

Land registry data shows five sales for 62A CENTRE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the five 62A CENTRE DRIVE 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 4 FEB	£410,000	£587,969	30% below HPI
2009 3 SEP	£346,000	£529,140	35% below HPI
2004 1 MAR	£290,000	£459,239	37% below HPI
1997 19 DEC	£139,995	£213,300	34% below HPI
1997 1 JUL	£125,000	£200,017	38% below HPI

62A CENTRE DRIVE 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 five 62A CENTRE DRIVE sales between July 1997 and February 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 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2011 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 62A CENTRE DRIVE be worth now?

62A CENTRE DRIVE might now be worth an estimated £692,461.

This is based on house price inflation of 68.9%, between February 2011 and April 2026, 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 68.9% inflationary increase is applied to the most recent sale price for 62A CENTRE DRIVE of £410,000 on 4th February 2011. For the value to have increased from £410,000 to £692,461 over the fourteen years and ten months to April 2026, the following assumptions must hold true:

• The value of 62A CENTRE DRIVE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The February 2011 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 62A CENTRE DRIVE has not materially changed since February 2011.

How Large is 62A CENTRE DRIVE?

62A CENTRE DRIVE is 85m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% of detached houses houses in Epping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Epping, and where 62A CENTRE DRIVE lies on this distribution: 11% of detached houses houses are smaller than 62A CENTRE DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Epping.

62A CENTRE DRIVE: Plot and Title Map

62A CENTRE DRIVE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 62A CENTRE DRIVE, 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 62A CENTRE DRIVE). 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 62A CENTRE DRIVE?

62A CENTRE DRIVE is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 62A on CENTRE DRIVE.