16, ELY PLACE, WOODFORD GREEN, IG8 8AG - £595,000

16 ELY PLACE is a midsized extended detached house of 179m², built sometime between 1983 and 1990. It was last sold for £595,000 in March 2014, which was around 4% below the average March 2014 detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was C.

16 ELY PLACE Sold Prices

Land registry data shows two sales for 16 ELY PLACE 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 16 ELY PLACE 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
2014 26 MAR	£595,000	£621,789	4% below HPI
2004 26 NOV	£420,000	£470,285	11% below HPI

16 ELY PLACE 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 16 ELY PLACE sales from November 2004 and March 2014 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 November 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2014 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 16 ELY PLACE?

16 ELY PLACE is 179m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 16 ELY PLACE lies on this distribution: 43% of detached houses are smaller than 16 ELY PLACE, and 56% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

16 ELY PLACE: Plot and Title Map

16 ELY PLACE sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 16 ELY PLACE, 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 16 ELY PLACE). 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 16 ELY PLACE?

16 ELY PLACE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 16 on ELY PLACE.