10, FAIRVIEW CLOSE, CHIGWELL, IG7 6HW - £550,000

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

10 FAIRVIEW CLOSE is a midsized extended detached house of 143m², built sometime between 1930 and 1949. It was last sold for £550,000 in June 2024, which was around 45% below the average June 2024 detached price in the Redbridge local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

10 FAIRVIEW CLOSE Sold Prices

Land registry data shows two sales for 10 FAIRVIEW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. Both of the two 10 FAIRVIEW CLOSE 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
2024 10 JUN	£550,000	£993,634	45% below HPI
1997 21 AUG	£159,950	£183,705	13% below HPI

10 FAIRVIEW CLOSE 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 two 10 FAIRVIEW CLOSE sales from August 1997 and June 2024 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 August 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2024 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 10 FAIRVIEW CLOSE?

10 FAIRVIEW CLOSE is 143m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 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 10 FAIRVIEW CLOSE lies on this distribution: 49% of detached houses are smaller than 10 FAIRVIEW CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in London.

10 FAIRVIEW CLOSE: Plot and Title Map

10 FAIRVIEW CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 10 FAIRVIEW CLOSE, 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 10 FAIRVIEW CLOSE). 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 10 FAIRVIEW CLOSE?

10 FAIRVIEW CLOSE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 10 on FAIRVIEW CLOSE.