14, GROVEWOOD PLACE, WOODFORD GREEN, IG8 8PX - £550,000

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.

14 GROVEWOOD PLACE is a midsized detached house of 187m², built sometime between 1991 and 1995, which could now be worth an estimated £1,346,154. It was last sold for £550,000 in November 2002, which was around 30% above the average November 2002 detached price in the Epping Forest local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

14 GROVEWOOD PLACE Sold Prices

Land registry data shows three sales for 14 GROVEWOOD PLACE 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. All of the three 14 GROVEWOOD PLACE 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
2002 22 NOV	£550,000	£424,473	30% above HPI
1999 22 OCT	£325,000	£261,127	24% above HPI
1997 27 MAR	£250,000	£187,574	33% above HPI

14 GROVEWOOD PLACE 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 14 GROVEWOOD PLACE sales between March 1997 and November 2002 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 October 1999 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2002 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 14 GROVEWOOD PLACE be worth now?

14 GROVEWOOD PLACE might now be worth an estimated £1,346,154.

This is based on house price inflation of 144.8%, between November 2002 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 144.8% inflationary increase is applied to the most recent sale price for 14 GROVEWOOD PLACE of £550,000 on 22nd November 2002. For the value to have increased from £550,000 to £1,346,154 over the 23 years and nine months to February 2025, the following assumptions must hold true:

• The value of 14 GROVEWOOD PLACE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The November 2002 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 14 GROVEWOOD PLACE has not materially changed since November 2002.

How Large is 14 GROVEWOOD PLACE?

14 GROVEWOOD PLACE is 187m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 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 14 GROVEWOOD PLACE lies on this distribution: 46% of detached houses houses are smaller than 14 GROVEWOOD PLACE, and 54% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

14 GROVEWOOD PLACE: Plot and Title Map

14 GROVEWOOD PLACE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 14 GROVEWOOD PLACE, 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 14 GROVEWOOD PLACE). 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 14 GROVEWOOD PLACE?

14 GROVEWOOD PLACE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 14 on GROVEWOOD PLACE.