Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
48 CHIGWELL PARK DRIVE is a small extended detached house of 154m², built sometime between 1930 and 1949. It was last sold for £660,000 in June 2014, which was around 2% above the average June 2014 detached price in the Epping Forest local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 48 CHIGWELL PARK DRIVE since 1st 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. One of the two 48 CHIGWELL PARK DRIVE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2014 12 JUN | £660,000 | £648,228 | 2% above HPI |
2002 21 FEB | £285,000 | £338,498 | 16% below HPI |
The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The two 48 CHIGWELL PARK DRIVE sales from February 2002 and June 2014 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 February 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2014 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
48 CHIGWELL PARK DRIVE is 154m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 48 CHIGWELL PARK DRIVE lies on this distribution: 30% of detached houses are smaller than 48 CHIGWELL PARK DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Chigwell.
48 CHIGWELL PARK DRIVE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 48 CHIGWELL PARK 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 48 CHIGWELL PARK 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.
48 CHIGWELL PARK DRIVE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 48 on CHIGWELL PARK DRIVE.