THE DERI, DOBBS WEIR ROAD, HODDESDON, EN11 0BQ - £400,000

THE DERI is a very small extended detached house of 95m², built sometime between 1930 and 1949. It was last sold for £400,000 in October 2018, which was around 53% below the average October 2018 detached price in the Epping Forest local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

THE DERI Sold Prices

Land registry data shows three sales for THE DERI since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the three THE DERI 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
2018 5 OCT	£400,000	£853,781	53% below HPI
2011 12 OCT	£224,000	£553,789	60% below HPI
2007 29 MAY	£237,995	£509,383	53% below HPI

THE DERI 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 three THE DERI sales between May 2007 and October 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 October 2011 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the October 2018 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is THE DERI?

THE DERI is 95m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Hoddesdon, based on EPC data. The below chart shows the distribution of detached houses by size in Hoddesdon, and where THE DERI lies on this distribution: 11% of detached houses are smaller than THE DERI, and 88% of houses are larger. Note that EPC data is not available for all properties in Hoddesdon.

THE DERI: Plot and Title Map

THE DERI sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of THE DERI, 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 THE DERI). 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 THE DERI?

THE DERI is located on DOBBS WEIR ROAD in HODDESDON, in the EN11 postcode district. The below map shows the position of THE DERI on DOBBS WEIR ROAD.