116, LONG GREEN, CHIGWELL, IG7 4JE - £600,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

116 LONG GREEN is a small detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £597,352. It was last sold for £600,000 in September 2023, which was around 45% below the average September 2023 detached price in the Redbridge local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

116 LONG GREEN Sold Prices

Land registry data shows four sales for 116 LONG GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. All of the four 116 LONG GREEN 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 22 SEP	£600,000	£1,096,720	45% below HPI
2012 28 NOV	£373,000	£585,759	36% below HPI
1999 28 JUL	£130,000	£234,250	45% below HPI
1997 30 JAN	£117,000	£176,761	34% below HPI

116 LONG GREEN 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 four 116 LONG GREEN sales between January 1997 and September 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 November 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 116 LONG GREEN be worth now?

116 LONG GREEN might now be worth an estimated £597,352.

This is based on house price deflation of 0.4%, between September 2023 and December 2024, for detached houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.4% deflationary decrease is applied to the most recent sale price for 116 LONG GREEN of £600,000 on 22nd September 2023. For the value to have decreased from £600,000 to £597,352 over the nine months to December 2024, the following assumptions must hold true:

• The value of 116 LONG GREEN has moved in line with the HPI for detached houses in the Redbridge local authority area.
• The September 2023 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 116 LONG GREEN has not materially changed since September 2023.

How Large is 116 LONG GREEN?

116 LONG GREEN is 105m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 116 LONG GREEN lies on this distribution: 23% of detached houses houses are smaller than 116 LONG GREEN, and 76% of houses are larger. Note that EPC data is not available for all properties in London.

116 LONG GREEN: Plot and Title Map

116 LONG GREEN sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 116 LONG GREEN, 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 116 LONG GREEN). 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 116 LONG GREEN?

116 LONG GREEN is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 116 on LONG GREEN.