24, STRADBROKE DRIVE, CHIGWELL, IG7 5QY - £2,460,000

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.

24 STRADBROKE DRIVE is a very large detached house of 1,302m², which could now be worth an estimated £4,456,723. It was last sold for £2,460,000 in August 2008, which was around 329% above the average August 2008 detached price in the Epping Forest local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was B.

24 STRADBROKE DRIVE Sold Prices

Land registry data shows three sales for 24 STRADBROKE DRIVE 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 STRADBROKE DRIVE 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
2008 8 AUG	£2,460,000	£573,458	329% above HPI
2007 20 JUL	£2,500,000	£569,734	339% above HPI
2001 27 JUL	£1,300,000	£336,980	286% above HPI

24 STRADBROKE DRIVE 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 STRADBROKE DRIVE sales between July 2001 and August 2008 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 July 2007 sale was for 339% above the HPI. So the extrapolation line tracks at 339% above the HPI over time, until the August 2008 sale, where it falls to 329% above the HPI. The line then continues to track at 329% above the HPI.

What might 24 STRADBROKE DRIVE be worth now?

24 STRADBROKE DRIVE might now be worth an estimated £4,456,723.

This is based on house price inflation of 81.2%, between August 2008 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 81.2% inflationary increase is applied to the most recent sale price for 24 STRADBROKE DRIVE of £2,460,000 on 8th August 2008. For the value to have increased from £2,460,000 to £4,456,723 over the seventeen years and six months to February 2025, the following assumptions must hold true:

• The value of 24 STRADBROKE DRIVE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The August 2008 sale price of £2,460,000 represented a fair market value for the property.
• The size, condition, and specification of 24 STRADBROKE DRIVE has not materially changed since August 2008.

How Large is 24 STRADBROKE DRIVE?

24 STRADBROKE DRIVE is 1,302m² according to the EPC inspection conducted in December 2017. This puts it in the largest 10% 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 24 STRADBROKE DRIVE lies on this distribution: More than 99% of detached houses houses are smaller than 24 STRADBROKE DRIVE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

24 STRADBROKE DRIVE: Plot and Title Map

24 STRADBROKE DRIVE sits on a plot of roughly 0.511 of an acre, or 2,069m². The below map shows the location of 24 STRADBROKE DRIVE, 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 STRADBROKE DRIVE). 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 STRADBROKE DRIVE?

24 STRADBROKE DRIVE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 24 on STRADBROKE DRIVE.