2, GREAT LAWN, ONGAR, CM5 0AA - £850,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 GREAT LAWN is a very large extended detached house of 208m², built sometime between 1950 and 1966, which could now be worth an estimated £906,821. It was last sold for £850,000 in October 2021, which was around 13% below the average October 2021 detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

2 GREAT LAWN Sold Prices

Land registry data shows two sales for 2 GREAT LAWN 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 GREAT LAWN 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 15 OCT	£850,000	£973,822	13% below HPI
2005 14 DEC	£329,950	£466,975	29% below HPI

2 GREAT LAWN 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 GREAT LAWN sales from December 2005 and October 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 December 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 GREAT LAWN be worth now?

2 GREAT LAWN might now be worth an estimated £906,821.

This is based on house price inflation of 6.7%, between October 2021 and February 2025, for detached houses, in the Epping Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.7% inflationary increase is applied to the most recent sale price for 2 GREAT LAWN of £850,000 on 15th October 2021. For the value to have increased from £850,000 to £906,821 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 GREAT LAWN has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The October 2021 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GREAT LAWN has not materially changed since October 2021.

How Large is 2 GREAT LAWN?

2 GREAT LAWN is 208m², which includes four extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% of detached houses houses in Chipping Ongar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chipping Ongar, and where 2 GREAT LAWN lies on this distribution: 93% of detached houses houses are smaller than 2 GREAT LAWN, and 7% of houses are larger. Note that EPC data is not available for all properties in Chipping Ongar.

2 GREAT LAWN: Plot and Title Map

2 GREAT LAWN sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 2 GREAT LAWN, 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 GREAT LAWN). 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 GREAT LAWN?

2 GREAT LAWN is located in ONGAR, in the CM5 postcode district. The below map shows the position of No. 2 on GREAT LAWN.