2 Droveway, Loughton, IG10 2LZ is a leasehold flat built between 1991-1995. The property offers approximately 409 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £191,610 , which equates to approximately £468 per square foot. It was last sold on 16 Jun 1997 for £40,000. Since then, the value has increased by £151,610, representing a 379.0% increase, or approximately 13.3% per year.

The current estimated value of £191,610 is:

  • 17.0% lower than the average property price on Droveway
  • 15.8% lower than the average in the IG10 2LZ postcode area
  • and 68.6% lower than the average price for Loughton as a whole

View sold house prices in IG10 2LZ

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
409 sq ft
Tenure
Leasehold
Price (estimate)
£191,610
Price Per sq ft (estimate)
£468
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Droveway, Loughton, Epping Forest, Essex, IG10 2LZ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 4 Jun 2019.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Nov 2008, and the property received the same rating of E with an unchanged energy efficiency score of 49.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water system changed from electric immersion, off-peak to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG10 2LZ

34 th / 35
Price Rank
16% lower than average
33 rd / 34
Size Rank
11% smaller than average
22 nd / 34
Price Per Sq FT Rank
5% lower than average

Compared to other properties in IG10 2LZ , this flat's estimated value ranks 34th out of 35. Based on price per square foot, it ranks 22th out of 34 properties. In terms of size, this home ranks 33th out of 34 properties in its postcode area.

Sale History

Today
£191,610
streetscan.co.uk estimate
+379 %
16 Jun 1997
£40,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £231,000
sale date: 18 Oct 2024
rooms: 2
size: 420 sq ft
sale price: £212,000
sale date: 22 Sep 2021
rooms: 2
size: 420 sq ft
sale price: £220,000
sale date: 18 Dec 2020
rooms: 2
size: 409 sq ft
sale price: £235,000
sale date: 18 Sep 2020
rooms: 2
size: 420 sq ft
sale price: £217,500
sale date: 23 Mar 2018

Data Sources

The property at 2 Droveway, Loughton, Epping Forest, Essex, IG10 2LZ appears once in the Land Registry records, with the transaction recorded on 16 Jun 1997. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Jun 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.