20, FOREST LANE, CHIGWELL, IG7 5AE - £1,910,000

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.

20 FOREST LANE is a large extended detached house of 246m², built sometime between 1930 and 1949, which could now be worth an estimated £2,179,706. It was last sold for £1,910,000 in February 2018, which was around 110% above the average February 2018 detached price in the Epping Forest local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was B.

20 FOREST LANE Sold Prices

Land registry data shows two sales for 20 FOREST LANE 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 20 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
2018 28 FEB	£1,910,000	£910,369	110% above HPI
2000 18 DEC	£620,000	£320,558	93% above HPI

20 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 two 20 FOREST LANE sales from December 2000 and February 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 December 2000 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the February 2018 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

What might 20 FOREST LANE be worth now?

20 FOREST LANE might now be worth an estimated £2,179,706.

This is based on house price inflation of 14.1%, between February 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 14.1% inflationary increase is applied to the most recent sale price for 20 FOREST LANE of £1,910,000 on 28th February 2018. For the value to have increased from £1,910,000 to £2,179,706 over the seven years to February 2025, the following assumptions must hold true:

• The value of 20 FOREST LANE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The February 2018 sale price of £1,910,000 represented a fair market value for the property.
• The size, condition, and specification of 20 FOREST LANE has not materially changed since February 2018.

How Large is 20 FOREST LANE?

20 FOREST LANE is 246m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 40% 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 20 FOREST LANE lies on this distribution: 64% of detached houses houses are smaller than 20 FOREST LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

20 FOREST LANE: Plot and Title Map

20 FOREST LANE sits on a plot of roughly 0.342 of an acre, or 1,386m². The below map shows the location of 20 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 20 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 20 FOREST LANE?

20 FOREST LANE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 20 on FOREST LANE.