2, OAK LODGE AVENUE, CHIGWELL, IG7 5HZ - £825,000

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

2 OAK LODGE AVENUE is a midsized detached house of 226m², built sometime between 1967 and 1975. It was last sold for £825,000 in February 2015, which was around 17% above the average February 2015 detached price in the Epping Forest local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

2 OAK LODGE AVENUE Sold Prices

Land registry data shows two sales for 2 OAK LODGE AVENUE 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 OAK LODGE AVENUE 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 26 FEB	£825,000	£706,487	17% above HPI
1999 27 JAN	£175,000	£225,430	22% below HPI

2 OAK LODGE 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 two 2 OAK LODGE AVENUE sales from January 1999 and February 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 January 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2015 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 2 OAK LODGE AVENUE?

2 OAK LODGE AVENUE is 226m² according to the EPC inspection conducted in August 2013. This puts it in the largest 50% 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 OAK LODGE AVENUE lies on this distribution: 58% of detached houses are smaller than 2 OAK LODGE AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

2 OAK LODGE AVENUE: Plot and Title Map

2 OAK LODGE AVENUE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 2 OAK LODGE 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 2 OAK LODGE 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 2 OAK LODGE AVENUE?

2 OAK LODGE AVENUE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 2 on OAK LODGE AVENUE.