CHASPAM, SEWARDSTONE ROAD, LONDON, E4 7RG - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHASPAM is a very small extended semi-detached house of 64m², built sometime between 1930 and 1949, which could now be worth an estimated £432,720. It was last sold for £370,000 in November 2018, which was around 26% below the average November 2018 semi-detached price in the Epping Forest local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

CHASPAM Sold Prices

Land registry data shows three sales for CHASPAM since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Epping Forest local authority area for the corresponding sale date. All of the three CHASPAM 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 23 NOV	£370,000	£502,115	26% below HPI
2017 20 JAN	£480,000	£487,773	2% below HPI
2007 3 DEC	£250,000	£319,946	22% below HPI

CHASPAM Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Epping Forest local authority area over time, sourced from the HPI. The three CHASPAM sales between December 2007 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 January 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might CHASPAM be worth now?

CHASPAM might now be worth an estimated £432,720.

This is based on house price inflation of 17%, between November 2018 and May 2026, for semi-detached houses, in the Epping Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for CHASPAM of £370,000 on 23rd November 2018. For the value to have increased from £370,000 to £432,720 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of CHASPAM has moved in line with the HPI for semi-detached houses in the Epping Forest local authority area.
• The November 2018 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of CHASPAM has not materially changed since November 2018.

How Large is CHASPAM?

CHASPAM is 64m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of semi-detached houses houses in Sewardstone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sewardstone, and where CHASPAM lies on this distribution: Less than 1% of semi-detached houses houses are smaller than CHASPAM, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Sewardstone.

CHASPAM: Plot and Title Map

CHASPAM sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of CHASPAM, 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 CHASPAM). 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 CHASPAM?

CHASPAM is located on SEWARDSTONE ROAD in LONDON, in the E4 postcode district. The below map shows the position of CHASPAM on SEWARDSTONE ROAD.