2, STANLEY PLACE, ONGAR, CM5 9SU - £315,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 STANLEY PLACE is a very small extended detached house of 58m², built sometime between 1991 and 1995, which could now be worth an estimated £331,948. It was last sold for £315,000 in November 2020, which was around 67% below the average November 2020 detached price in the Epping Forest local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

2 STANLEY PLACE Sold Prices

Land registry data shows two sales for 2 STANLEY PLACE 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 STANLEY PLACE 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
2020 27 NOV	£315,000	£948,384	67% below HPI
2003 5 FEB	£135,000	£442,665	70% below HPI

2 STANLEY PLACE 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 STANLEY PLACE sales from February 2003 and November 2020 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 February 2003 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the November 2020 sale, where it rises to 67% below the HPI. The line then continues to track at 67% below the HPI.

What might 2 STANLEY PLACE be worth now?

2 STANLEY PLACE might now be worth an estimated £331,948.

This is based on house price inflation of 5.4%, between November 2020 and December 2024, 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 5.4% inflationary increase is applied to the most recent sale price for 2 STANLEY PLACE of £315,000 on 27th November 2020. For the value to have increased from £315,000 to £331,948 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 STANLEY PLACE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The November 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STANLEY PLACE has not materially changed since November 2020.

How Large is 2 STANLEY PLACE?

2 STANLEY PLACE is 58m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 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 STANLEY PLACE lies on this distribution: 1% of detached houses houses are smaller than 2 STANLEY PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chipping Ongar.

2 STANLEY PLACE: Plot and Title Map

2 STANLEY PLACE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 2 STANLEY PLACE, 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 STANLEY PLACE). 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 STANLEY PLACE?

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