16, THE SPINNEY, ONGAR, CM5 9HP - £485,000

16 THE SPINNEY is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £485,000 in November 2018, which was around 44% below the average November 2018 detached price in the Epping Forest local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

16 THE SPINNEY Sold Prices

Land registry data shows three sales for 16 THE SPINNEY 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 16 THE SPINNEY 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
2018 15 NOV	£485,000	£865,299	44% below HPI
1996 17 OCT	£99,000	£170,884	42% below HPI
1995 26 MAY	£90,000	£158,386	43% below HPI

16 THE SPINNEY 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 16 THE SPINNEY sales between May 1995 and November 2018 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 October 1996 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 16 THE SPINNEY?

16 THE SPINNEY is 71m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Chipping Ongar, based on EPC data. The below chart shows the distribution of detached houses by size in Chipping Ongar, and where 16 THE SPINNEY lies on this distribution: 4% of detached houses are smaller than 16 THE SPINNEY, and 95% of houses are larger. Note that EPC data is not available for all properties in Chipping Ongar.

16 THE SPINNEY: Plot and Title Map

16 THE SPINNEY sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 16 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

16 THE SPINNEY is located in ONGAR, in the CM5 postcode district. The below map shows the position of No. 16 on THE SPINNEY.