71, MILLWELL CRESCENT, CHIGWELL, IG7 5HX - £900,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

71 MILLWELL CRESCENT is a midsized extended detached house of 187m², built sometime between 1950 and 1966, which could now be worth an estimated £1,042,052. It was last sold for £900,000 in September 2019, which was about the average September 2019 detached price in the Epping Forest local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

71 MILLWELL CRESCENT Sold Prices

Land registry data shows three sales for 71 MILLWELL CRESCENT 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. The three 71 MILLWELL CRESCENT sales were a mix of roughly equal to the average price, and 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
2019 27 SEP	£900,000	£897,295	Close to HPI
2007 30 AUG	£685,000	£577,203	19% above HPI
1995 8 SEP	£193,000	£169,839	14% above HPI

71 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 three 71 MILLWELL CRESCENT sales between September 1995 and September 2019 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 August 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 71 MILLWELL CRESCENT be worth now?

71 MILLWELL CRESCENT might now be worth an estimated £1,042,052.

This is based on house price inflation of 15.8%, between September 2019 and February 2025, for detached houses, in the Epping Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.8% inflationary increase is applied to the most recent sale price for 71 MILLWELL CRESCENT of £900,000 on 27th September 2019. For the value to have increased from £900,000 to £1,042,052 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 71 MILLWELL CRESCENT has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The September 2019 sale price of £900,000 represented a fair market value for the property.
• The size, condition, and specification of 71 MILLWELL CRESCENT has not materially changed since September 2019.

How Large is 71 MILLWELL CRESCENT?

71 MILLWELL CRESCENT is 187m², which includes four extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chigwell, and where 71 MILLWELL CRESCENT lies on this distribution: 46% of detached houses houses are smaller than 71 MILLWELL CRESCENT, and 54% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

71 MILLWELL CRESCENT: Plot and Title Map

71 MILLWELL CRESCENT sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 71 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 71 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 71 MILLWELL CRESCENT?

71 MILLWELL CRESCENT is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 71 on MILLWELL CRESCENT.