40, CHIGWELL RISE, CHIGWELL, IG7 6AG - £763,000

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.

40 CHIGWELL RISE is a very large detached house of 334m², built sometime between 1950 and 1966, which could now be worth an estimated £1,517,310. It was last sold for £763,000 in March 2007, which was around 46% above the average March 2007 detached price in the Epping Forest local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

40 CHIGWELL RISE Sold Prices

Land registry data shows two sales for 40 CHIGWELL RISE 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 40 CHIGWELL RISE 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
2007 23 MAR	£763,000	£522,435	46% above HPI
2003 28 NOV	£580,000	£459,957	26% above HPI

40 CHIGWELL RISE 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 40 CHIGWELL RISE sales from November 2003 and March 2007 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 November 2003 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2007 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 40 CHIGWELL RISE be worth now?

40 CHIGWELL RISE might now be worth an estimated £1,517,310.

This is based on house price inflation of 98.9%, between March 2007 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 98.9% inflationary increase is applied to the most recent sale price for 40 CHIGWELL RISE of £763,000 on 23rd March 2007. For the value to have increased from £763,000 to £1,517,310 over the eighteen years and one month to February 2025, the following assumptions must hold true:

• The value of 40 CHIGWELL RISE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The March 2007 sale price of £763,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CHIGWELL RISE has not materially changed since March 2007.

How Large is 40 CHIGWELL RISE?

40 CHIGWELL RISE is 334m² according to the EPC inspection conducted in November 2021. This puts it in the largest 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 40 CHIGWELL RISE lies on this distribution: 82% of detached houses houses are smaller than 40 CHIGWELL RISE, and 18% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

40 CHIGWELL RISE: Plot and Title Map

40 CHIGWELL RISE sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of 40 CHIGWELL RISE, 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 40 CHIGWELL RISE). 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 40 CHIGWELL RISE?

40 CHIGWELL RISE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 40 on CHIGWELL RISE.