16, MILLWELL CRESCENT, CHIGWELL, IG7 5HY - £1,000,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 MILLWELL CRESCENT is a small detached house of 172m², built sometime between 1930 and 1949. It was last sold for £1,000,000 in November 2021, which was around 6% above the average November 2021 detached price in the Epping Forest local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

16 MILLWELL CRESCENT Sold Prices

Land registry data shows four sales for 16 MILLWELL CRESCENT 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 16 MILLWELL CRESCENT sales were for above 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 29 NOV	£1,000,000	£940,559	6% above HPI
2014 5 NOV	£707,000	£687,556	3% above HPI
2004 5 AUG	£534,000	£456,634	17% above HPI
2001 30 MAR	£345,000	£319,353	8% above HPI

16 MILLWELL CRESCENT 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 16 MILLWELL CRESCENT sales between March 2001 and November 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 November 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 16 MILLWELL CRESCENT?

16 MILLWELL CRESCENT is 172m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 16 MILLWELL CRESCENT lies on this distribution: 38% of detached houses are smaller than 16 MILLWELL CRESCENT, and 61% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

16 MILLWELL CRESCENT: Plot and Title Map

16 MILLWELL CRESCENT sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 16 MILLWELL CRESCENT, 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 16 MILLWELL CRESCENT). 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 16 MILLWELL CRESCENT?

16 MILLWELL CRESCENT is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 16 on MILLWELL CRESCENT.