2, NEW BARNS WAY, CHIGWELL, IG7 5AT - £590,000

2 NEW BARNS WAY is a small extended detached house of 166m², built sometime between 1950 and 1966. It was last sold for £590,000 in May 2010, which was around 7% above the average May 2010 detached price in the Epping Forest local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

2 NEW BARNS WAY Sold Prices

Land registry data shows two sales for 2 NEW BARNS WAY 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 2 NEW BARNS WAY sales were for 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
2010 21 MAY	£590,000	£552,564	7% above HPI
2000 15 MAR	£313,000	£267,043	17% above HPI

2 NEW BARNS WAY 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 2 NEW BARNS WAY sales from March 2000 and May 2010 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 March 2000 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2010 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 2 NEW BARNS WAY?

2 NEW BARNS WAY is 166m², which includes two extensions, according to the EPC inspection conducted in August 2014. 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 2 NEW BARNS WAY lies on this distribution: 36% of detached houses are smaller than 2 NEW BARNS WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

2 NEW BARNS WAY: Plot and Title Map

2 NEW BARNS WAY sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 2 NEW BARNS WAY, 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 2 NEW BARNS WAY). 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 2 NEW BARNS WAY?

2 NEW BARNS WAY is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 2 on NEW BARNS WAY.