279, FENCEPIECE ROAD, CHIGWELL, IG7 5DR - £365,000

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

279 FENCEPIECE ROAD is a very small extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £365,000 in May 2008, which was around 36% below the average May 2008 detached price in the Epping Forest local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

279 FENCEPIECE ROAD Sold Prices

Land registry data shows three sales for 279 FENCEPIECE ROAD 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 279 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
2008 27 MAY	£365,000	£569,529	36% below HPI
2002 25 JAN	£199,995	£333,529	40% below HPI
1996 3 MAY	£103,000	£163,377	37% below HPI

279 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 three 279 FENCEPIECE ROAD sales between May 1996 and May 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 January 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2008 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 279 FENCEPIECE ROAD?

279 FENCEPIECE ROAD is 113m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 279 FENCEPIECE ROAD lies on this distribution: 11% of detached houses are smaller than 279 FENCEPIECE ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

279 FENCEPIECE ROAD: Plot and Title Map

279 FENCEPIECE ROAD sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 279 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 279 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 279 FENCEPIECE ROAD?

279 FENCEPIECE ROAD is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 279 on FENCEPIECE ROAD.