56, STRADBROKE DRIVE, CHIGWELL, IG7 5QZ - £2,200,200

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.

56 STRADBROKE DRIVE is a very large extended detached house of 378m², built sometime between 1950 and 1966, which could now be worth an estimated £2,509,228. It was last sold for £2,200,200 in August 2017, which was around 142% above the average August 2017 detached price in the Epping Forest local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was D.

56 STRADBROKE DRIVE Sold Prices

Land registry data shows three sales for 56 STRADBROKE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the three 56 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
2017 4 AUG	£2,200,200	£910,970	142% above HPI
2001 24 AUG	£950,000	£342,150	178% above HPI
1995 17 FEB	£430,000	£171,197	151% above HPI

56 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 three 56 STRADBROKE DRIVE sales between February 1995 and August 2017 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 2001 sale was for 178% above the HPI. So the extrapolation line tracks at 178% above the HPI over time, until the August 2017 sale, where it falls to 142% above the HPI. The line then continues to track at 142% above the HPI.

What might 56 STRADBROKE DRIVE be worth now?

56 STRADBROKE DRIVE might now be worth an estimated £2,509,228.

This is based on house price inflation of 14%, between August 2017 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 14% inflationary increase is applied to the most recent sale price for 56 STRADBROKE DRIVE of £2,200,200 on 4th August 2017. For the value to have increased from £2,200,200 to £2,509,228 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 56 STRADBROKE DRIVE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The August 2017 sale price of £2,200,200 represented a fair market value for the property.
• The size, condition, and specification of 56 STRADBROKE DRIVE has not materially changed since August 2017.

How Large is 56 STRADBROKE DRIVE?

56 STRADBROKE DRIVE is 378m², which includes three extensions, according to the EPC inspection conducted in March 2017. 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 56 STRADBROKE DRIVE lies on this distribution: 85% of detached houses houses are smaller than 56 STRADBROKE DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

56 STRADBROKE DRIVE: Plot and Title Map

56 STRADBROKE DRIVE sits on a plot of roughly 0.367 of an acre, or 1,484m². The below map shows the location of 56 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 56 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 56 STRADBROKE DRIVE?

56 STRADBROKE DRIVE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 56 on STRADBROKE DRIVE.