18A, FOREST AVENUE, CHIGWELL, IG7 5BP - £385,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18A FOREST AVENUE is a very small detached house of 100m², built sometime between 1976 and 1982. It was last sold for £385,000 in May 2011, which was around 32% below the average May 2011 detached price in the Epping Forest local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

18A FOREST AVENUE Sold Prices

Land registry data shows three sales for 18A FOREST AVENUE 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 18A FOREST AVENUE sales were for below 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
2011 6 MAY	£385,000	£563,819	32% below HPI
2007 31 AUG	£355,000	£552,839	36% below HPI
1998 9 FEB	£149,750	£212,844	30% below HPI

18A FOREST AVENUE 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 18A FOREST AVENUE sales between February 1998 and May 2011 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 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2011 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 18A FOREST AVENUE?

18A FOREST AVENUE is 100m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 10% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 18A FOREST AVENUE lies on this distribution: 6% of detached houses are smaller than 18A FOREST AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

18A FOREST AVENUE: Plot and Title Map

18A FOREST AVENUE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 18A FOREST AVENUE, 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 18A FOREST AVENUE). 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 18A FOREST AVENUE?

18A FOREST AVENUE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 18A on FOREST AVENUE.