2, EMMAUS WAY, CHIGWELL, IG7 5BY - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 EMMAUS WAY is a very small detached house of 117m², built sometime between 1991 and 1995. It was last sold for £220,000 in June 2000, which was around 22% below the average June 2000 detached price in the Epping Forest local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

2 EMMAUS WAY Sold Prices

Land registry data shows two sales for 2 EMMAUS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. Both of the two 2 EMMAUS WAY 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
2000 15 JUN	£220,000	£280,997	22% below HPI
1996 19 DEC	£145,000	£175,723	17% below HPI

2 EMMAUS WAY 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 two 2 EMMAUS WAY sales from December 1996 and June 2000 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 December 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2000 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 EMMAUS WAY?

2 EMMAUS WAY is 117m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 2 EMMAUS WAY lies on this distribution: 14% of detached houses are smaller than 2 EMMAUS WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

2 EMMAUS WAY: Plot and Title Map

2 EMMAUS WAY sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 2 EMMAUS WAY, 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 2 EMMAUS WAY). 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 2 EMMAUS WAY?

2 EMMAUS WAY is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 2 on EMMAUS WAY.