24 Droveway, Loughton, IG10 2LZ is a leasehold flat built between 1983-1990. The property offers approximately 431 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £164,378 , which equates to approximately £382 per square foot. It was last sold on 20 Mar 1998 for £38,500. Since then, the value has increased by £125,878, representing a 327.0% increase, or approximately 11.8% per year.

The current estimated value of £164,378 is:

  • 28.8% lower than the average property price on Droveway
  • 27.8% lower than the average in the IG10 2LZ postcode area
  • and 73.0% 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
1983-1990
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£164,378
Price Per sq ft (estimate)
£382
Bedroom Count (estimate)
1 bedroom

EPC Summary

24 Droveway, Loughton, Epping Forest, Essex, IG10 2LZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Jun 2020.

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 have some double glazing.

The previous EPC assessment was conducted on 1 Jul 2009, when the property was rated G. Since then, the rating has improved to D, with the energy efficiency score increasing by 247.1%.

Since the previous assessment, several changes were observed:

  • The heating system changed from no system present: electric heaters assumed to room heaters, electric, with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from poor to good.
  • The windows were upgraded from single glazed to some double glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in 40% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Some double glazing
Poor
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to IG10 2LZ

35 th / 35
Price Rank
28% lower than average
16 th / 34
Size Rank
6% smaller than average
33 rd / 34
Price Per Sq FT Rank
23% lower than average

Compared to other properties in IG10 2LZ , this flat's estimated value ranks 35th out of 35. Based on price per square foot, it ranks 33th out of 34 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 16th out of 34 properties in its postcode area.

Sale History

Today
£164,378
streetscan.co.uk estimate
+327 %
20 Mar 1998
£38,500
Leasehold

Area Insights

Similar Properties Sold Nearby

33 Droveway, Loughton, IG10 2LZ
rooms: 2
size: 420 sq ft
sale price: £231,000
sale date: 18 Oct 2024
5 Droveway, Loughton, IG10 2LZ
rooms: 2
size: 420 sq ft
sale price: £212,000
sale date: 22 Sep 2021
38 Droveway, Loughton, IG10 2LZ
rooms: 2
size: 420 sq ft
sale price: £220,000
sale date: 18 Dec 2020
30 Droveway, Loughton, IG10 2LZ
rooms: 2
size: 409 sq ft
sale price: £235,000
sale date: 18 Sep 2020
34 Droveway, Loughton, IG10 2LZ
rooms: 2
size: 420 sq ft
sale price: £217,500
sale date: 23 Mar 2018

Data Sources

The property at 24 Droveway, Loughton, Epping Forest, Essex, IG10 2LZ appears once in the Land Registry records, with the transaction recorded on 20 Mar 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Jun 2020. 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.
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