56, GRANGE CRESCENT, CHIGWELL, IG7 5JF - £500,000

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

56 GRANGE CRESCENT is a very small detached house of 124m², built sometime between 1930 and 1949. It was last sold for £500,000 in January 2011, which was around 11% below the average January 2011 detached price in the Epping Forest local authority area. The most recent EPC inspection was May 2010, where the current energy rating was F, and the potential energy rating was F.

56 GRANGE CRESCENT Sold Prices

Land registry data shows two sales for 56 GRANGE 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. Both of the two 56 GRANGE CRESCENT 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
2011 7 JAN	£500,000	£560,920	11% below HPI
2007 11 JUL	£455,000	£545,686	17% below HPI

56 GRANGE 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 56 GRANGE CRESCENT sales from July 2007 and January 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 July 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2011 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 56 GRANGE CRESCENT?

56 GRANGE CRESCENT is 124m² according to the EPC inspection conducted in May 2010. 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 56 GRANGE CRESCENT lies on this distribution: 17% of detached houses are smaller than 56 GRANGE CRESCENT, and 83% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

56 GRANGE CRESCENT: Plot and Title Map

56 GRANGE CRESCENT sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 56 GRANGE 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 56 GRANGE 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 56 GRANGE CRESCENT?

56 GRANGE CRESCENT is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 56 on GRANGE CRESCENT.