2, NEW FOREST LANE, CHIGWELL, IG7 5QN - £1,300,000

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 NEW FOREST LANE is a very large extended detached house of 782m², built sometime from 2007 onwards. It was last sold for £1,300,000 in July 2014, which was around 97% above the average July 2014 detached price in the Epping Forest local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was B.

2 NEW FOREST LANE Sold Prices

Land registry data shows three sales for 2 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 2 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
2014 1 JUL	£1,300,000	£658,828	97% above HPI
2002 21 FEB	£800,000	£338,498	136% above HPI
2000 23 JUN	£825,000	£280,997	194% above HPI

2 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 2 NEW FOREST LANE sales between June 2000 and July 2014 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 February 2002 sale was for 136% above the HPI. So the extrapolation line tracks at 136% above the HPI over time, until the July 2014 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is 2 NEW FOREST LANE?

2 NEW FOREST LANE is 782m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 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 NEW FOREST LANE lies on this distribution: 98% of detached houses are smaller than 2 NEW FOREST LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

2 NEW FOREST LANE: Plot and Title Map

2 NEW FOREST LANE sits on a plot of roughly 0.409 of an acre, or 1,657m². The below map shows the location of 2 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 2 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 2 NEW FOREST LANE?

2 NEW FOREST LANE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 2 on NEW FOREST LANE.