HOBBITS, HARLOW ROAD, ROYDON, HARLOW, CM19 5HH - £436,000

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.

HOBBITS is a very small extended semi-detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £581,677. It was last sold for £436,000 in December 2015, which was around 3% below the average December 2015 semi-detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

HOBBITS Sold Prices

Land registry data shows three sales for HOBBITS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Epping Forest local authority area for the corresponding sale date. One of the three HOBBITS sales was for below the average price, whilst two 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
2015 4 DEC	£436,000	£448,372	3% below HPI
2007 10 AUG	£341,000	£324,604	5% above HPI
1998 30 APR	£144,000	£116,944	23% above HPI

HOBBITS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Epping Forest local authority area over time, sourced from the HPI. The three HOBBITS sales between April 1998 and December 2015 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 August 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2015 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might HOBBITS be worth now?

HOBBITS might now be worth an estimated £581,677.

This is based on house price inflation of 33.4%, between December 2015 and March 2025, for semi-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 33.4% inflationary increase is applied to the most recent sale price for HOBBITS of £436,000 on 4th December 2015. For the value to have increased from £436,000 to £581,677 over the ten years and nine months to March 2025, the following assumptions must hold true:

• The value of HOBBITS has moved in line with the HPI for semi-detached houses in the Epping Forest local authority area.
• The December 2015 sale price of £436,000 represented a fair market value for the property.
• The size, condition, and specification of HOBBITS has not materially changed since December 2015.

How Large is HOBBITS?

HOBBITS is 98m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of semi-detached houses houses in Roydon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Roydon, and where HOBBITS lies on this distribution: 7% of semi-detached houses houses are smaller than HOBBITS, and 92% of houses are larger. Note that EPC data is not available for all properties in Roydon.

HOBBITS: Plot and Title Map

HOBBITS sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of HOBBITS, 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 HOBBITS). 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 HOBBITS?

HOBBITS is located on HARLOW ROAD in ROYDON, in the CM19 postcode district. The below map shows the position of HOBBITS on HARLOW ROAD.