4, THE ELMS, ONGAR, CM5 9EJ - £599,950

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

4 THE ELMS is a midsized extended detached house of 130m², built sometime between 1950 and 1966, which could now be worth an estimated £663,296. It was last sold for £599,950 in November 2019, which was around 34% below the average November 2019 detached price in the Epping Forest local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

4 THE ELMS Sold Prices

Land registry data shows two sales for 4 THE ELMS 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 4 THE ELMS 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
2019 28 NOV	£599,950	£903,964	34% below HPI
2015 4 AUG	£450,000	£755,142	40% below HPI

4 THE ELMS 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 4 THE ELMS sales from August 2015 and November 2019 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 August 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2019 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 4 THE ELMS be worth now?

4 THE ELMS might now be worth an estimated £663,296.

This is based on house price inflation of 10.6%, between November 2019 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 10.6% inflationary increase is applied to the most recent sale price for 4 THE ELMS of £599,950 on 28th November 2019. For the value to have increased from £599,950 to £663,296 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of 4 THE ELMS has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The November 2019 sale price of £599,950 represented a fair market value for the property.
• The size, condition, and specification of 4 THE ELMS has not materially changed since November 2019.

How Large is 4 THE ELMS?

4 THE ELMS is 130m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 50% 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 4 THE ELMS lies on this distribution: 58% of detached houses houses are smaller than 4 THE ELMS, and 42% of houses are larger. Note that EPC data is not available for all properties in Chipping Ongar.

4 THE ELMS: Plot and Title Map

4 THE ELMS sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 4 THE ELMS, 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 4 THE ELMS). 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 4 THE ELMS?

4 THE ELMS is located in ONGAR, in the CM5 postcode district. The below map shows the position of No. 4 on THE ELMS.