2, BROOK RISE, CHIGWELL, IG7 6AP - £1,060,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 BROOK RISE is a very small extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £1,060,000 in September 2015, which was around 42% above the average September 2015 detached price in the Epping Forest local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was C.

2 BROOK RISE Sold Prices

Land registry data shows two sales for 2 BROOK RISE 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. One of the two 2 BROOK RISE sales was for above the average price, whilst the other was 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
2015 18 SEP	£1,060,000	£747,730	42% above HPI
2011 14 JUL	£490,000	£541,551	10% below HPI

2 BROOK RISE 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 2 BROOK RISE sales from July 2011 and September 2015 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 July 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2015 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 2 BROOK RISE?

2 BROOK RISE is 109m², which includes one extension, according to the EPC inspection conducted in May 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 2 BROOK RISE lies on this distribution: 10% of detached houses are smaller than 2 BROOK RISE, and 90% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

2 BROOK RISE: Plot and Title Map

2 BROOK RISE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 2 BROOK RISE, 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 2 BROOK RISE). 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 2 BROOK RISE?

2 BROOK RISE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 2 on BROOK RISE.