24, OAK LODGE AVENUE, CHIGWELL, IG7 5HZ - £575,000

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

24 OAK LODGE AVENUE is a very small detached house of 107m², built sometime between 1967 and 1975. It was last sold for £575,000 in August 2014, which was around 15% below the average August 2014 detached price in the Epping Forest local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was C.

24 OAK LODGE AVENUE Sold Prices

Land registry data shows three sales for 24 OAK LODGE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the three 24 OAK LODGE AVENUE 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
2014 15 AUG	£575,000	£674,886	15% below HPI
2002 28 FEB	£335,000	£338,498	1% below HPI
2001 12 APR	£260,000	£321,381	19% below HPI

24 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 three 24 OAK LODGE AVENUE sales between April 2001 and August 2014 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 February 2002 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 24 OAK LODGE AVENUE?

24 OAK LODGE AVENUE is 107m² according to the EPC inspection conducted in October 2011. 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 24 OAK LODGE AVENUE lies on this distribution: 9% of detached houses are smaller than 24 OAK LODGE AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

24 OAK LODGE AVENUE: Plot and Title Map

24 OAK LODGE AVENUE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 24 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 24 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 24 OAK LODGE AVENUE?

24 OAK LODGE AVENUE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 24 on OAK LODGE AVENUE.