12, BROOK WAY, CHIGWELL, IG7 6AA - £1,700,000

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.

12 BROOK WAY is a midsized detached house of 198m², built sometime between 1950 and 1966, which could now be worth an estimated £1,870,419. It was last sold for £1,700,000 in September 2021, which was around 80% above the average September 2021 detached price in the Epping Forest local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

12 BROOK WAY Sold Prices

Land registry data shows four sales for 12 BROOK WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the four 12 BROOK WAY sales were for above 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
2021 28 SEP	£1,700,000	£944,261	80% above HPI
2015 24 AUG	£968,000	£755,142	28% above HPI
2007 2 NOV	£997,500	£576,089	73% above HPI
2003 31 JUL	£735,000	£461,490	59% above HPI

12 BROOK WAY 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 four 12 BROOK WAY sales between July 2003 and September 2021 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 2015 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2021 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 12 BROOK WAY be worth now?

12 BROOK WAY might now be worth an estimated £1,870,419.

This is based on house price inflation of 10%, between September 2021 and February 2025, for 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 10% inflationary increase is applied to the most recent sale price for 12 BROOK WAY of £1,700,000 on 28th September 2021. For the value to have increased from £1,700,000 to £1,870,419 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 BROOK WAY has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The September 2021 sale price of £1,700,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BROOK WAY has not materially changed since September 2021.

How Large is 12 BROOK WAY?

12 BROOK WAY is 198m² according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chigwell, and where 12 BROOK WAY lies on this distribution: 49% of detached houses houses are smaller than 12 BROOK WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

12 BROOK WAY: Plot and Title Map

12 BROOK WAY sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of 12 BROOK WAY, 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 12 BROOK WAY). 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 12 BROOK WAY?

12 BROOK WAY is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 12 on BROOK WAY.