42, MILLWELL CRESCENT, CHIGWELL, IG7 5HY - £595,000

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

42 MILLWELL CRESCENT is a midsized detached house of 192m², built sometime between 1950 and 1966. It was last sold for £595,000 in May 2011, which was around 6% above the average May 2011 detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was E.

42 MILLWELL CRESCENT Sold Prices

Land registry data shows two sales for 42 MILLWELL CRESCENT 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. One of the two 42 MILLWELL CRESCENT sales was for above the average price, whilst the other was 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
2011 12 MAY	£595,000	£563,819	6% above HPI
2006 6 OCT	£479,950	£496,428	3% below HPI

42 MILLWELL CRESCENT 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 42 MILLWELL CRESCENT sales from October 2006 and May 2011 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 October 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2011 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 42 MILLWELL CRESCENT?

42 MILLWELL CRESCENT is 192m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 50% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 42 MILLWELL CRESCENT lies on this distribution: 48% of detached houses are smaller than 42 MILLWELL CRESCENT, and 52% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

42 MILLWELL CRESCENT: Plot and Title Map

42 MILLWELL CRESCENT sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 42 MILLWELL CRESCENT, 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 42 MILLWELL CRESCENT). 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 42 MILLWELL CRESCENT?

42 MILLWELL CRESCENT is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 42 on MILLWELL CRESCENT.