3, NEW FOREST LANE, CHIGWELL, IG7 5QN - £1,250,000

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 NEW FOREST LANE is a very large detached house of 505m². It was last sold for £1,250,000 in June 2017, which was around 46% above the average June 2017 detached price in the Epping Forest local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was A.

3 NEW FOREST LANE Sold Prices

Land registry data shows two sales for 3 NEW FOREST LANE 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 3 NEW FOREST LANE 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
2017 20 JUN	£1,250,000	£855,922	46% above HPI
2016 5 DEC	£1,160,000	£831,869	39% above HPI

3 NEW FOREST LANE 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 NEW FOREST LANE sales from December 2016 and June 2017 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 2016 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2017 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 3 NEW FOREST LANE?

3 NEW FOREST LANE is 505m² according to the EPC inspection conducted in December 2019. This puts it in the largest 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 3 NEW FOREST LANE lies on this distribution: 94% of detached houses are smaller than 3 NEW FOREST LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

3 NEW FOREST LANE: Plot and Title Map

3 NEW FOREST LANE sits on a plot of roughly 0.222 of an acre, or 897m². The below map shows the location of 3 NEW FOREST LANE, 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 NEW FOREST LANE). 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 NEW FOREST LANE?

3 NEW FOREST LANE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 3 on NEW FOREST LANE.