17, GROVEWOOD PLACE, WOODFORD GREEN, IG8 8PX - £1,350,000

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.

17 GROVEWOOD PLACE is a midsized extended detached house of 177m², built sometime between 1996 and 2002, which could now be worth an estimated £1,558,158. It was last sold for £1,350,000 in December 2018, which was around 50% above the average December 2018 detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

17 GROVEWOOD PLACE Sold Prices

Land registry data shows two sales for 17 GROVEWOOD PLACE 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 17 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
2018 11 DEC	£1,350,000	£900,128	50% above HPI
1996 29 NOV	£260,000	£179,049	45% above HPI

17 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 two 17 GROVEWOOD PLACE sales from November 1996 and December 2018 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 1996 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the December 2018 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 17 GROVEWOOD PLACE be worth now?

17 GROVEWOOD PLACE might now be worth an estimated £1,558,158.

This is based on house price inflation of 15.4%, between December 2018 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 15.4% inflationary increase is applied to the most recent sale price for 17 GROVEWOOD PLACE of £1,350,000 on 11th December 2018. For the value to have increased from £1,350,000 to £1,558,158 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 17 GROVEWOOD PLACE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The December 2018 sale price of £1,350,000 represented a fair market value for the property.
• The size, condition, and specification of 17 GROVEWOOD PLACE has not materially changed since December 2018.

How Large is 17 GROVEWOOD PLACE?

17 GROVEWOOD PLACE is 177m², which includes one extension, according to the EPC inspection conducted in September 2017. 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 17 GROVEWOOD PLACE lies on this distribution: 40% of detached houses houses are smaller than 17 GROVEWOOD PLACE, and 59% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

17 GROVEWOOD PLACE: Plot and Title Map

17 GROVEWOOD PLACE sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of 17 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 17 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 17 GROVEWOOD PLACE?

17 GROVEWOOD PLACE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 17 on GROVEWOOD PLACE.