32, ELY PLACE, WOODFORD GREEN, IG8 8AG - £625,000

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

32 ELY PLACE is a very small extended semi-detached house of 114m², built sometime between 1983 and 1990. It was last sold for £625,000 in June 2017, which was around 27% below the average June 2017 detached price in the Epping Forest local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

32 ELY PLACE Sold Prices

Land registry data shows three sales for 32 ELY PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the three 32 ELY 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
2017 8 JUN	£625,000	£855,922	27% below HPI
2016 18 JAN	£570,000	£780,639	27% below HPI
2002 26 JUL	£330,500	£372,037	11% below HPI

32 ELY 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 three 32 ELY PLACE sales between July 2002 and June 2017 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 January 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2017 sale, which was also at 27% below the HPI.

How Large is 32 ELY PLACE?

32 ELY PLACE is 114m², which includes one extension, according to the EPC inspection conducted in July 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 32 ELY PLACE lies on this distribution: 12% of detached houses are smaller than 32 ELY PLACE, and 88% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

32 ELY PLACE: Plot and Title Map

32 ELY PLACE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 32 ELY 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 32 ELY 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 32 ELY PLACE?

32 ELY PLACE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 32 on ELY PLACE.