15, NEW FOREST LANE, CHIGWELL, IG7 5QN - £2,500,000

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.

15 NEW FOREST LANE is a very large extended detached house of 448m², built sometime between 1930 and 1949, which could now be worth an estimated £2,625,843. It was last sold for £2,500,000 in March 2024, which was around 153% above the average March 2024 detached price in the Epping Forest local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

15 NEW FOREST LANE Sold Prices

Land registry data shows three sales for 15 NEW FOREST LANE 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 15 NEW FOREST LANE 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
2024 26 MAR	£2,500,000	£989,130	153% above HPI
2009 19 OCT	£960,000	£538,304	78% above HPI
1995 28 JUN	£210,000	£166,614	26% above HPI

15 NEW FOREST LANE 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 15 NEW FOREST LANE sales between June 1995 and March 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 October 2009 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the March 2024 sale, where it rises to 153% above the HPI. The line then continues to track at 153% above the HPI.

What might 15 NEW FOREST LANE be worth now?

15 NEW FOREST LANE might now be worth an estimated £2,625,843.

This is based on house price inflation of 5%, between March 2024 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 5% inflationary increase is applied to the most recent sale price for 15 NEW FOREST LANE of £2,500,000 on 26th March 2024. For the value to have increased from £2,500,000 to £2,625,843 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 15 NEW FOREST LANE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The March 2024 sale price of £2,500,000 represented a fair market value for the property.
• The size, condition, and specification of 15 NEW FOREST LANE has not materially changed since March 2024.

How Large is 15 NEW FOREST LANE?

15 NEW FOREST LANE is 448m², which includes four extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 10% 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 15 NEW FOREST LANE lies on this distribution: 92% of detached houses houses are smaller than 15 NEW FOREST LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

15 NEW FOREST LANE: Plot and Title Map

15 NEW FOREST LANE sits on a plot of roughly 0.210 of an acre, or 848m². The below map shows the location of 15 NEW FOREST LANE, 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 15 NEW FOREST LANE). 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 15 NEW FOREST LANE?

15 NEW FOREST LANE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 15 on NEW FOREST LANE.