THE CHIMES, MIDDLE STREET, NAZEING, WALTHAM ABBEY, EN9 2LB - £515,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

THE CHIMES is a very small extended semi-detached house of 105m², built sometime between 1950 and 1966. It was last sold for £515,000 in May 2024, which was around 47% below the average May 2024 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

THE CHIMES Sold Prices

Land registry data shows two sales for THE CHIMES 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 THE CHIMES 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
2024 13 MAY	£515,000	£964,231	47% below HPI
2015 27 AUG	£415,000	£723,268	43% below HPI

THE CHIMES 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 THE CHIMES sales from August 2015 and May 2024 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 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2024 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is THE CHIMES?

THE CHIMES is 105m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Lower Nazeing, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Nazeing, and where THE CHIMES lies on this distribution: 18% of detached houses are smaller than THE CHIMES, and 82% of houses are larger. Note that EPC data is not available for all properties in Lower Nazeing.

THE CHIMES: Plot and Title Map

THE CHIMES sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of THE CHIMES, 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 THE CHIMES). 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 THE CHIMES?

THE CHIMES is located on MIDDLE STREET in NAZEING, in the EN9 postcode district. The below map shows the position of THE CHIMES on MIDDLE STREET.