14, LEE GROVE, CHIGWELL, IG7 6AF - £1,450,000

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 LEE GROVE is a midsized extended detached house of 184m², built sometime between 1950 and 1966, which could now be worth an estimated £1,634,484. It was last sold for £1,450,000 in June 2021, which was around 57% above the average June 2021 detached price in the Epping Forest local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

14 LEE GROVE Sold Prices

Land registry data shows two sales for 14 LEE GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. Both of the two 14 LEE GROVE 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 JUN	£1,450,000	£921,657	57% above HPI
2002 28 JUN	£582,500	£381,476	53% above HPI

14 LEE GROVE 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 two 14 LEE GROVE sales from June 2002 and June 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 June 2002 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the June 2021 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 14 LEE GROVE be worth now?

14 LEE GROVE might now be worth an estimated £1,634,484.

This is based on house price inflation of 12.7%, between June 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 12.7% inflationary increase is applied to the most recent sale price for 14 LEE GROVE of £1,450,000 on 28th June 2021. For the value to have increased from £1,450,000 to £1,634,484 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 14 LEE GROVE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The June 2021 sale price of £1,450,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LEE GROVE has not materially changed since June 2021.

How Large is 14 LEE GROVE?

14 LEE GROVE is 184m², which includes one extension, according to the EPC inspection conducted in March 2021. 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 LEE GROVE lies on this distribution: 44% of detached houses houses are smaller than 14 LEE GROVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

14 LEE GROVE: Plot and Title Map

14 LEE GROVE sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of 14 LEE GROVE, 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 LEE GROVE). 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 LEE GROVE?

14 LEE GROVE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 14 on LEE GROVE.