56, MEADOW WAY, CHIGWELL, IG7 6LR - £1,175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

56 MEADOW WAY is a large extended detached house of 296m², built sometime between 1976 and 1982. It was last sold for £1,175,000 in May 2005, which was around 163% above the average May 2005 detached price in the Epping Forest local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

56 MEADOW WAY Sold Prices

Land registry data shows three sales for 56 MEADOW WAY since 1^st 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 56 MEADOW WAY sales were for above 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
2005 6 MAY	£1,175,000	£447,563	163% above HPI
2000 1 DEC	£800,000	£307,027	161% above HPI
1996 20 AUG	£395,000	£167,567	136% above HPI

56 MEADOW WAY 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 three 56 MEADOW WAY sales between August 1996 and May 2005 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 December 2000 sale was for 161% above the HPI. So the extrapolation line tracks at 161% above the HPI over time, until the May 2005 sale, where it rises to 163% above the HPI. The line then continues to track at 163% above the HPI.

How Large is 56 MEADOW WAY?

56 MEADOW WAY is 296m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 30% 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 MEADOW WAY lies on this distribution: 76% of detached houses are smaller than 56 MEADOW WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

56 MEADOW WAY: Plot and Title Map

56 MEADOW WAY sits on a plot of roughly 0.280 of an acre, or 1,132m². The below map shows the location of 56 MEADOW 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 56 MEADOW 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.

Where is 56 MEADOW WAY?

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