WAYLANDS, MARKET PLACE, ABRIDGE, ROMFORD, RM4 1UA - £725,000

WAYLANDS is a midsized extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £725,000 in March 2021, which was around 16% below the average March 2021 detached price in the Epping Forest local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was D.

WAYLANDS Sold Prices

Land registry data shows four sales for WAYLANDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the four WAYLANDS 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
2021 12 MAR	£725,000	£868,200	16% below HPI
2018 12 OCT	£675,000	£853,781	21% below HPI
2015 30 MAR	£585,000	£708,093	17% below HPI
2013 9 DEC	£325,000	£617,969	47% below HPI

WAYLANDS 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 four WAYLANDS sales between December 2013 and March 2021 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 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is WAYLANDS?

WAYLANDS is 118m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses in Abridge, based on EPC data. The below chart shows the distribution of detached houses by size in Abridge, and where WAYLANDS lies on this distribution: 50% of detached houses are smaller than WAYLANDS, and 48% of houses are larger. Note that EPC data is not available for all properties in Abridge.

WAYLANDS: Plot and Title Map

WAYLANDS sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of WAYLANDS, 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 WAYLANDS). 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 WAYLANDS?

WAYLANDS is located on MARKET PLACE in ABRIDGE, in the RM4 postcode district. The below map shows the position of WAYLANDS on MARKET PLACE.