22, BROOK WAY, CHIGWELL, IG7 6AW - £1,215,000

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

22 BROOK WAY is a small extended detached house of 139m², built sometime between 1967 and 1975. It was last sold for £1,215,000 in January 2022, which was around 28% above the average January 2022 detached price in the Epping Forest local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was B.

22 BROOK WAY Sold Prices

Land registry data shows two sales for 22 BROOK WAY 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 22 BROOK WAY 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
2022 28 JAN	£1,215,000	£948,494	28% above HPI
2006 18 OCT	£648,000	£496,428	31% above HPI

22 BROOK WAY 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 22 BROOK WAY sales from October 2006 and January 2022 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 October 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the January 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 22 BROOK WAY?

22 BROOK WAY is 139m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 22 BROOK WAY lies on this distribution: 23% of detached houses are smaller than 22 BROOK WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

22 BROOK WAY: Plot and Title Map

22 BROOK WAY sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 22 BROOK WAY, 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 22 BROOK WAY). 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 22 BROOK WAY?

22 BROOK WAY is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 22 on BROOK WAY.