1, GREAT OAKS, CHIGWELL, IG7 5ES - £578,750

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GREAT OAKS is a midsized extended detached house of 177m², built sometime between 1967 and 1975. It was last sold for £578,750 in October 2010, which was around 3% above the average October 2010 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

1 GREAT OAKS Sold Prices

Land registry data shows three sales for 1 GREAT OAKS 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. One of the three 1 GREAT OAKS sales was for above the average price, whilst two 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
2010 14 OCT	£578,750	£563,279	3% above HPI
2008 9 JUN	£499,999	£568,272	12% below HPI
2001 5 JUN	£310,000	£317,828	2% below HPI

1 GREAT OAKS 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 1 GREAT OAKS sales between June 2001 and October 2010 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 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2010 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 1 GREAT OAKS?

1 GREAT OAKS is 177m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 50% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 1 GREAT OAKS lies on this distribution: 40% of detached houses are smaller than 1 GREAT OAKS, and 59% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

1 GREAT OAKS: Plot and Title Map

1 GREAT OAKS sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 1 GREAT OAKS, 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 GREAT OAKS). 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 GREAT OAKS?

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