24, GROVEWOOD PLACE, WOODFORD GREEN, IG8 8PX - £335,000

24 GROVEWOOD PLACE is a very small detached house of 115m², built sometime between 1996 and 2002. It was last sold for £335,000 in September 2002, which was around 16% below the average September 2002 detached price in the Epping Forest local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

24 GROVEWOOD PLACE Sold Prices

Land registry data shows two sales for 24 GROVEWOOD 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. One of the two 24 GROVEWOOD PLACE sales was for below the average price, whilst the other was 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
2002 9 SEP	£335,000	£397,992	16% below HPI
1996 28 JUN	£169,000	£164,989	2% above HPI

24 GROVEWOOD 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 24 GROVEWOOD PLACE sales from June 1996 and September 2002 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 1996 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2002 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 24 GROVEWOOD PLACE?

24 GROVEWOOD PLACE is 115m² according to the EPC inspection conducted in November 2012. 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 GROVEWOOD PLACE lies on this distribution: 13% of detached houses are smaller than 24 GROVEWOOD PLACE, and 87% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

24 GROVEWOOD PLACE: Plot and Title Map

24 GROVEWOOD PLACE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 24 GROVEWOOD 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 24 GROVEWOOD 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 24 GROVEWOOD PLACE?

24 GROVEWOOD PLACE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 24 on GROVEWOOD PLACE.