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
41 MAYFLOWER WAY is a large extended detached house of 141m², built sometime between 1967 and 1975. It was last sold for £615,000 in August 2023, which was around 37% below the average August 2023 detached price in the Epping Forest local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 41 MAYFLOWER WAY since 1st 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 41 MAYFLOWER 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 18 AUG | £615,000 | £970,343 | 37% below HPI |
2007 21 SEP | £325,000 | £553,471 | 41% below HPI |
2003 27 NOV | £233,000 | £440,543 | 47% below HPI |
The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The three 41 MAYFLOWER WAY sales between November 2003 and August 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 September 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.
41 MAYFLOWER WAY is 141m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% of detached houses in Chipping Ongar, based on EPC data. The below chart shows the distribution of detached houses by size in Chipping Ongar, and where 41 MAYFLOWER WAY lies on this distribution: 64% of detached houses are smaller than 41 MAYFLOWER WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Chipping Ongar.
41 MAYFLOWER WAY sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 41 MAYFLOWER 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 41 MAYFLOWER 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.
41 MAYFLOWER WAY is located in ONGAR, in the CM5 postcode district. The below map shows the position of No. 41 on MAYFLOWER WAY.