LEABANK COTTAGE, SEDGE GREEN, ROYDON, HARLOW, CM19 5JS - £465,000

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.

LEABANK COTTAGE is a very small extended detached house of 107m², built sometime between 1930 and 1949, which could now be worth an estimated £647,070. It was last sold for £465,000 in March 2015, which was around 37% below the average March 2015 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

LEABANK COTTAGE Sold Prices

Land registry data shows two sales for LEABANK COTTAGE 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 LEABANK COTTAGE 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
2015 26 MAR	£465,000	£739,299	37% below HPI
1995 28 APR	£128,000	£168,471	24% below HPI

LEABANK COTTAGE 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 LEABANK COTTAGE sales from April 1995 and March 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 April 1995 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might LEABANK COTTAGE be worth now?

LEABANK COTTAGE might now be worth an estimated £647,070.

This is based on house price inflation of 39.2%, between March 2015 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 39.2% inflationary increase is applied to the most recent sale price for LEABANK COTTAGE of £465,000 on 26th March 2015. For the value to have increased from £465,000 to £647,070 over the ten years to March 2025, the following assumptions must hold true:

• The value of LEABANK COTTAGE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The March 2015 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of LEABANK COTTAGE has not materially changed since March 2015.

How Large is LEABANK COTTAGE?

LEABANK COTTAGE is 107m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses houses in Lower Nazeing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lower Nazeing, and where LEABANK COTTAGE lies on this distribution: 18% of detached houses houses are smaller than LEABANK COTTAGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Lower Nazeing.

LEABANK COTTAGE: Plot and Title Map

LEABANK COTTAGE sits on a plot of roughly 0.364 of an acre, or 1,472m². The below map shows the location of LEABANK COTTAGE, 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 LEABANK COTTAGE). 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 LEABANK COTTAGE?

LEABANK COTTAGE is located on SEDGE GREEN in ROYDON, in the CM19 postcode district. The below map shows the position of LEABANK COTTAGE on SEDGE GREEN.