22, FAIRVIEW ROAD, CHIGWELL, IG7 6HN - £650,000

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 FAIRVIEW ROAD is a small extended detached house of 122m², built sometime between 1930 and 1949. It was last sold for £650,000 in December 2019, which was around 26% below the average December 2019 detached price in the Redbridge local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

22 FAIRVIEW ROAD Sold Prices

Land registry data shows two sales for 22 FAIRVIEW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. Both of the two 22 FAIRVIEW ROAD sales were 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
2019 17 DEC	£650,000	£876,680	26% below HPI
2007 19 JAN	£375,000	£490,043	23% below HPI

22 FAIRVIEW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The two 22 FAIRVIEW ROAD sales from January 2007 and December 2019 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 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 22 FAIRVIEW ROAD?

22 FAIRVIEW ROAD is 122m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 22 FAIRVIEW ROAD lies on this distribution: 35% of detached houses are smaller than 22 FAIRVIEW ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in London.

22 FAIRVIEW ROAD: Plot and Title Map

22 FAIRVIEW ROAD sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 22 FAIRVIEW ROAD, 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 FAIRVIEW ROAD). 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 FAIRVIEW ROAD?

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