32, LECHMERE AVENUE, CHIGWELL, IG7 5ET - £245,000

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

32 LECHMERE AVENUE is a very small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £245,000 in November 2000, which was around 20% below the average November 2000 detached price in the Epping Forest local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

32 LECHMERE AVENUE Sold Prices

Land registry data shows two sales for 32 LECHMERE AVENUE 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 32 LECHMERE AVENUE 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
2000 22 NOV	£245,000	£306,398	20% below HPI
2000 25 MAY	£221,000	£275,001	20% below HPI

32 LECHMERE AVENUE 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 32 LECHMERE AVENUE sales from May 2000 and November 2000 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 May 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2000 sale, which was also at 20% below the HPI.

How Large is 32 LECHMERE AVENUE?

32 LECHMERE AVENUE is 88m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 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 32 LECHMERE AVENUE lies on this distribution: 3% of detached houses are smaller than 32 LECHMERE AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

32 LECHMERE AVENUE: Plot and Title Map

32 LECHMERE AVENUE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 32 LECHMERE AVENUE, 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 32 LECHMERE AVENUE). 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 32 LECHMERE AVENUE?

32 LECHMERE AVENUE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 32 on LECHMERE AVENUE.