24, EMMAUS WAY, CHIGWELL, IG7 5BY - £753,000

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

24 EMMAUS WAY is a very small detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £797,404. It was last sold for £753,000 in June 2023, which was around 23% below the average June 2023 detached price in the Epping Forest local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

24 EMMAUS WAY Sold Prices

Land registry data shows four sales for 24 EMMAUS WAY 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 24 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
2023 15 JUN	£753,000	£981,067	23% below HPI
2017 9 JUN	£615,000	£893,642	31% below HPI
2005 3 JUN	£420,000	£476,249	12% below HPI
2002 31 JAN	£282,000	£348,227	19% below HPI

24 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 four 24 EMMAUS WAY sales between January 2002 and June 2023 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 June 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 24 EMMAUS WAY be worth now?

24 EMMAUS WAY might now be worth an estimated £797,404.

This is based on house price inflation of 5.9%, between June 2023 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 5.9% inflationary increase is applied to the most recent sale price for 24 EMMAUS WAY of £753,000 on 15th June 2023. For the value to have increased from £753,000 to £797,404 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 24 EMMAUS WAY has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The June 2023 sale price of £753,000 represented a fair market value for the property.
• The size, condition, and specification of 24 EMMAUS WAY has not materially changed since June 2023.

How Large is 24 EMMAUS WAY?

24 EMMAUS WAY is 115m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chigwell, and where 24 EMMAUS WAY lies on this distribution: 12% of detached houses houses are smaller than 24 EMMAUS WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

24 EMMAUS WAY: Plot and Title Map

24 EMMAUS WAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 24 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 24 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 24 EMMAUS WAY?

24 EMMAUS WAY is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 24 on EMMAUS WAY.