4, VIEW CLOSE, CHIGWELL, IG7 5JU - £148,000

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.

4 VIEW CLOSE is a very small extended detached house of 127m², built sometime between 1950 and 1966, which could now be worth an estimated £608,029. It was last sold for £148,000 in August 1999, which was around 41% below the average August 1999 detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

4 VIEW CLOSE Sold Prices

Land registry data shows two sales for 4 VIEW CLOSE 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 4 VIEW CLOSE 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
1999 2 AUG	£148,000	£252,883	41% below HPI
1998 9 OCT	£125,000	£235,679	47% below HPI

4 VIEW CLOSE 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 4 VIEW CLOSE sales from October 1998 and August 1999 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 October 1998 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 1999 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 4 VIEW CLOSE be worth now?

4 VIEW CLOSE might now be worth an estimated £608,029.

This is based on house price inflation of 310.8%, between August 1999 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 310.8% inflationary increase is applied to the most recent sale price for 4 VIEW CLOSE of £148,000 on 2nd August 1999. For the value to have increased from £148,000 to £608,029 over the 26 years and six months to February 2025, the following assumptions must hold true:

• The value of 4 VIEW CLOSE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The August 1999 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 4 VIEW CLOSE has not materially changed since August 1999.

How Large is 4 VIEW CLOSE?

4 VIEW CLOSE is 127m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% 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 4 VIEW CLOSE lies on this distribution: 18% of detached houses houses are smaller than 4 VIEW CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

4 VIEW CLOSE: Plot and Title Map

4 VIEW CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 4 VIEW CLOSE, 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 4 VIEW CLOSE). 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 4 VIEW CLOSE?

4 VIEW CLOSE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 4 on VIEW CLOSE.