9, THE DRUMMONDS, EPPING, CM16 4PJ - £560,500

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.

9 THE DRUMMONDS is a small extended terraced house of 103m², built sometime between 1950 and 1966, which could now be worth an estimated £633,545. It was last sold for £560,500 in March 2018, which was around 39% above the average March 2018 terraced price in the Epping Forest local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

9 THE DRUMMONDS Sold Prices

Land registry data shows two sales for 9 THE DRUMMONDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Epping Forest local authority area for the corresponding sale date. Both of the two 9 THE DRUMMONDS 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
2018 16 MAR	£560,500	£403,411	39% above HPI
2001 8 JAN	£195,000	£125,669	55% above HPI

9 THE DRUMMONDS 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 two 9 THE DRUMMONDS sales from January 2001 and March 2018 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 2001 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the March 2018 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 9 THE DRUMMONDS be worth now?

9 THE DRUMMONDS might now be worth an estimated £633,545.

This is based on house price inflation of 13%, between March 2018 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 13% inflationary increase is applied to the most recent sale price for 9 THE DRUMMONDS of £560,500 on 16th March 2018. For the value to have increased from £560,500 to £633,545 over the seven years and eleven months to April 2026, the following assumptions must hold true:

• The value of 9 THE DRUMMONDS has moved in line with the HPI for terraced houses in the Epping Forest local authority area.
• The March 2018 sale price of £560,500 represented a fair market value for the property.
• The size, condition, and specification of 9 THE DRUMMONDS has not materially changed since March 2018.

How Large is 9 THE DRUMMONDS?

9 THE DRUMMONDS is 103m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% 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 9 THE DRUMMONDS lies on this distribution: 23% of terraced houses houses are smaller than 9 THE DRUMMONDS, and 77% of houses are larger. Note that EPC data is not available for all properties in Epping.

9 THE DRUMMONDS: Plot and Title Map

9 THE DRUMMONDS sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 9 THE DRUMMONDS, 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 9 THE DRUMMONDS). 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 9 THE DRUMMONDS?

9 THE DRUMMONDS is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 9 on THE DRUMMONDS.