3, CHIGWELL PARK DRIVE, CHIGWELL, IG7 5BD - £880,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 CHIGWELL PARK DRIVE is a very small detached house of 129m², built sometime between 1930 and 1949. It was last sold for £880,000 in June 2021, which was about the average June 2021 detached price in the Epping Forest local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

3 CHIGWELL PARK DRIVE Sold Prices

Land registry data shows two sales for 3 CHIGWELL PARK DRIVE 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. One of the two 3 CHIGWELL PARK DRIVE sales was roughly equal to the average price, whilst the other was 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
2021 28 JUN	£880,000	£882,754	Close to HPI
2012 14 DEC	£490,000	£590,611	17% below HPI

3 CHIGWELL PARK 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 two 3 CHIGWELL PARK DRIVE sales from December 2012 and June 2021 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 December 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 3 CHIGWELL PARK DRIVE?

3 CHIGWELL PARK DRIVE is 129m² according to the EPC inspection conducted in October 2020. 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 3 CHIGWELL PARK DRIVE lies on this distribution: 19% of detached houses are smaller than 3 CHIGWELL PARK DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

3 CHIGWELL PARK DRIVE: Plot and Title Map

3 CHIGWELL PARK DRIVE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 3 CHIGWELL PARK 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 3 CHIGWELL PARK 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 3 CHIGWELL PARK DRIVE?

3 CHIGWELL PARK DRIVE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 3 on CHIGWELL PARK DRIVE.