3, THE SPINNEY, ONGAR, CM5 9HP - £610,000

3 THE SPINNEY is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £610,000 in November 2023, which was around 36% below the average November 2023 detached price in the Epping Forest local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

3 THE SPINNEY Sold Prices

Land registry data shows three sales for 3 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 3 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
2023 2 NOV	£610,000	£956,522	36% below HPI
2003 16 OCT	£325,000	£435,647	25% below HPI
1999 16 DEC	£159,000	£258,863	39% below HPI

3 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 3 THE SPINNEY sales between December 1999 and November 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 October 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 3 THE SPINNEY?

3 THE SPINNEY is 84m² according to the EPC inspection conducted in March 2015. 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 3 THE SPINNEY lies on this distribution: 10% of detached houses are smaller than 3 THE SPINNEY, and 90% of houses are larger. Note that EPC data is not available for all properties in Chipping Ongar.

3 THE SPINNEY: Plot and Title Map

3 THE SPINNEY sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 3 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 3 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 3 THE SPINNEY?

3 THE SPINNEY is located in ONGAR, in the CM5 postcode district. The below map shows the position of No. 3 on THE SPINNEY.