38, COURTLAND DRIVE, CHIGWELL, IG7 6PW - £1,350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 COURTLAND DRIVE is a large extended detached house of 259m², built sometime between 1950 and 1966, which could now be worth an estimated £1,531,387. It was last sold for £1,350,000 in June 2020, which was around 47% above the average June 2020 detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was C.

38 COURTLAND DRIVE Sold Prices

Land registry data shows two sales for 38 COURTLAND 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. Both of the two 38 COURTLAND DRIVE 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
2020 23 JUN	£1,350,000	£915,864	47% above HPI
2005 23 AUG	£650,000	£478,814	36% above HPI

38 COURTLAND 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 38 COURTLAND DRIVE sales from August 2005 and June 2020 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 August 2005 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2020 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 38 COURTLAND DRIVE be worth now?

38 COURTLAND DRIVE might now be worth an estimated £1,531,387.

This is based on house price inflation of 13.4%, between June 2020 and February 2025, for detached houses, in the Epping Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.4% inflationary increase is applied to the most recent sale price for 38 COURTLAND DRIVE of £1,350,000 on 23rd June 2020. For the value to have increased from £1,350,000 to £1,531,387 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 38 COURTLAND DRIVE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The June 2020 sale price of £1,350,000 represented a fair market value for the property.
• The size, condition, and specification of 38 COURTLAND DRIVE has not materially changed since June 2020.

How Large is 38 COURTLAND DRIVE?

38 COURTLAND DRIVE is 259m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 40% of detached houses houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chigwell, and where 38 COURTLAND DRIVE lies on this distribution: 67% of detached houses houses are smaller than 38 COURTLAND DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

38 COURTLAND DRIVE: Plot and Title Map

38 COURTLAND DRIVE sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of 38 COURTLAND 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 38 COURTLAND 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 38 COURTLAND DRIVE?

38 COURTLAND DRIVE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 38 on COURTLAND DRIVE.