237, FENCEPIECE ROAD, CHIGWELL, IG7 5EB - £560,000

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

237 FENCEPIECE ROAD is a very small extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £560,000 in September 2012, which was around 2% below the average September 2012 detached price in the Epping Forest local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

237 FENCEPIECE ROAD Sold Prices

Land registry data shows two sales for 237 FENCEPIECE 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 Epping Forest local authority area for the corresponding sale date. Both of the two 237 FENCEPIECE 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
2012 25 SEP	£560,000	£569,717	2% below HPI
2002 31 JAN	£325,000	£333,529	3% below HPI

237 FENCEPIECE ROAD 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 237 FENCEPIECE ROAD sales from January 2002 and September 2012 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 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2012 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 237 FENCEPIECE ROAD?

237 FENCEPIECE ROAD is 105m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 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 237 FENCEPIECE ROAD lies on this distribution: 8% of detached houses are smaller than 237 FENCEPIECE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

237 FENCEPIECE ROAD: Plot and Title Map

237 FENCEPIECE ROAD sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 237 FENCEPIECE 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 237 FENCEPIECE 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 237 FENCEPIECE ROAD?

237 FENCEPIECE ROAD is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 237 on FENCEPIECE ROAD.