24, EMMAUS WAY, CHIGWELL, IG7 5BY - £753,000

24 EMMAUS WAY is a very small detached house of 115m², built sometime between 1976 and 1982. It was last sold for £753,000 in June 2023, which was around 25% below the average June 2023 detached price in the Epping Forest local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

24 EMMAUS WAY Sold Prices

Land registry data shows four sales for 24 EMMAUS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the four 24 EMMAUS WAY 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
2023 15 JUN	£753,000	£1,005,496	25% below HPI
2017 9 JUN	£615,000	£855,922	28% below HPI
2005 3 JUN	£420,000	£456,147	8% below HPI
2002 31 JAN	£282,000	£333,529	15% below HPI

24 EMMAUS 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 four 24 EMMAUS WAY sales between January 2002 and June 2023 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 June 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 24 EMMAUS WAY?

24 EMMAUS WAY is 115m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 24 EMMAUS WAY lies on this distribution: 13% of detached houses are smaller than 24 EMMAUS WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

24 EMMAUS WAY: Plot and Title Map

24 EMMAUS WAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 24 EMMAUS 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 24 EMMAUS 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 24 EMMAUS WAY?

24 EMMAUS WAY is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 24 on EMMAUS WAY.