1, FAIRVIEW ROAD, CHIGWELL, IG7 6HN - £585,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FAIRVIEW ROAD is a midsized extended detached house of 144m², built sometime between 1930 and 1949. It was last sold for £585,000 in April 2012, which was around 8% above the average April 2012 detached price in the Redbridge local authority area. The most recent EPC inspection was February 2012, where the current energy rating was F, and the potential energy rating was E.

1 FAIRVIEW ROAD Sold Prices

Land registry data shows three sales for 1 FAIRVIEW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. Two of the three 1 FAIRVIEW ROAD sales were for above the average price, whilst one was 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
2012 27 APR	£585,000	£541,939	8% above HPI
2009 17 APR	£477,500	£439,363	9% above HPI
2006 10 AUG	£362,000	£470,263	23% below HPI

1 FAIRVIEW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The three 1 FAIRVIEW ROAD sales between August 2006 and April 2012 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 April 2009 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2012 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 1 FAIRVIEW ROAD?

1 FAIRVIEW ROAD is 144m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 1 FAIRVIEW ROAD lies on this distribution: 50% of detached houses are smaller than 1 FAIRVIEW ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in London.

1 FAIRVIEW ROAD: Plot and Title Map

1 FAIRVIEW ROAD sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 1 FAIRVIEW ROAD, 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 1 FAIRVIEW ROAD). 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 1 FAIRVIEW ROAD?

1 FAIRVIEW ROAD is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 1 on FAIRVIEW ROAD.