40, STRADBROKE DRIVE, CHIGWELL, IG7 5QY - £1,600,000

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

40 STRADBROKE DRIVE is a very large detached house of 476m², built sometime between 1950 and 1966. It was last sold for £1,600,000 in August 2005, which was around 249% above the average August 2005 detached price in the Epping Forest local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

40 STRADBROKE DRIVE Sold Prices

Land registry data shows two sales for 40 STRADBROKE 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 40 STRADBROKE 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
2005 1 AUG	£1,600,000	£458,603	249% above HPI
1996 15 MAR	£525,000	£157,352	234% above HPI

40 STRADBROKE 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 40 STRADBROKE DRIVE sales from March 1996 and August 2005 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 March 1996 sale was for 234% above the HPI. So the extrapolation line tracks at 234% above the HPI over time, until the August 2005 sale, where it rises to 249% above the HPI. The line then continues to track at 249% above the HPI.

How Large is 40 STRADBROKE DRIVE?

40 STRADBROKE DRIVE is 476m² according to the EPC inspection conducted in March 2017. This puts it in the largest 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 40 STRADBROKE DRIVE lies on this distribution: 93% of detached houses are smaller than 40 STRADBROKE DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

40 STRADBROKE DRIVE: Plot and Title Map

40 STRADBROKE DRIVE sits on a plot of roughly 0.339 of an acre, or 1,373m². The below map shows the location of 40 STRADBROKE 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 40 STRADBROKE 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 40 STRADBROKE DRIVE?

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