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
57 MILLWELL CRESCENT is a small extended detached house of 168m², built sometime between 1930 and 1949. It was last sold for £860,000 in May 2017, which was around 1% above the average May 2017 detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows five sales for 57 MILLWELL CRESCENT since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. The five 57 MILLWELL CRESCENT sales were a mix of above the average price, and roughly equal to 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 |
---|---|---|---|
2017 25 MAY | £860,000 | £852,533 | 1% above HPI |
2011 25 FEB | £695,000 | £563,151 | 23% above HPI |
2006 15 SEP | £570,000 | £501,041 | 14% above HPI |
2005 25 NOV | £550,000 | £450,372 | 22% above HPI |
2000 30 JUN | £280,000 | £280,997 | Close to HPI |
The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The five 57 MILLWELL CRESCENT sales between June 2000 and May 2017 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 February 2011 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2017 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.
57 MILLWELL CRESCENT is 168m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 57 MILLWELL CRESCENT lies on this distribution: 37% of detached houses are smaller than 57 MILLWELL CRESCENT, and 63% of houses are larger. Note that EPC data is not available for all properties in Chigwell.
57 MILLWELL CRESCENT sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 57 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 57 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.
57 MILLWELL CRESCENT is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 57 on MILLWELL CRESCENT.