LANTERNS, MOTT STREET, LOUGHTON, IG10 4AP - £1,350,000

LANTERNS is a large detached house of 238m², built sometime between 1996 and 2002. It was last sold for £1,350,000 in November 2005, which was around 200% above the average November 2005 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was D.

LANTERNS Sold Prices

Land registry data shows two sales for LANTERNS 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 LANTERNS 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
2005 4 NOV	£1,350,000	£450,372	200% above HPI
1999 12 APR	£280,000	£227,839	23% above HPI

LANTERNS 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 LANTERNS sales from April 1999 and November 2005 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 April 1999 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2005 sale, where it rises to 200% above the HPI. The line then continues to track at 200% above the HPI.

How Large is LANTERNS?

LANTERNS is 238m² according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of detached houses in High Beech, based on EPC data. The below chart shows the distribution of detached houses by size in High Beech, and where LANTERNS lies on this distribution: 71% of detached houses are smaller than LANTERNS, and 29% of houses are larger. Note that EPC data is not available for all properties in High Beech.

LANTERNS: Plot and Title Map

LANTERNS sits on a plot of roughly 0.217 of an acre, or 877m². The below map shows the location of LANTERNS, 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 LANTERNS). 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 LANTERNS?

LANTERNS is located on MOTT STREET in LOUGHTON, in the IG10 postcode district. The below map shows the position of LANTERNS on MOTT STREET.