41, ELY PLACE, WOODFORD GREEN, IG8 8AG - £610,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

41 ELY PLACE is a very small semi-detached house of 90m², built sometime between 1983 and 1990. It was last sold for £610,000 in March 2019, which was around 30% below the average March 2019 detached price in the Epping Forest local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

41 ELY PLACE Sold Prices

Land registry data shows two sales for 41 ELY 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 41 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
2019 1 MAR	£610,000	£871,141	30% below HPI
2014 31 JUL	£480,000	£658,828	27% below HPI

41 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 two 41 ELY PLACE sales from July 2014 and March 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 July 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 41 ELY PLACE?

41 ELY PLACE is 90m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 41 ELY PLACE lies on this distribution: 4% of detached houses are smaller than 41 ELY PLACE, and 96% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

41 ELY PLACE: Plot and Title Map

41 ELY PLACE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 41 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 41 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 41 ELY PLACE?

41 ELY PLACE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 41 on ELY PLACE.