31, CHESTER ROAD, CHIGWELL, IG7 6AH - £1,100,000

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

31 CHESTER ROAD is a small extended detached house of 160m², built sometime between 1991 and 1995. It was last sold for £1,100,000 in June 2018, which was around 25% above the average June 2018 detached price in the Epping Forest local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

31 CHESTER ROAD Sold Prices

Land registry data shows two sales for 31 CHESTER ROAD 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 31 CHESTER ROAD sales was for above 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
2018 14 JUN	£1,100,000	£876,834	25% above HPI
2008 7 JUL	£499,999	£569,987	12% below HPI

31 CHESTER 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 two 31 CHESTER ROAD sales from July 2008 and June 2018 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 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2018 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 31 CHESTER ROAD?

31 CHESTER ROAD is 160m², which includes three extensions, according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 31 CHESTER ROAD lies on this distribution: 33% of detached houses are smaller than 31 CHESTER ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

31 CHESTER ROAD: Plot and Title Map

31 CHESTER ROAD sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 31 CHESTER 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 31 CHESTER 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 31 CHESTER ROAD?

31 CHESTER ROAD is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 31 on CHESTER ROAD.