6, DACRE CLOSE, CHIGWELL, IG7 5HQ - £800,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 DACRE CLOSE is a very small extended detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £916,901. It was last sold for £800,000 in March 2021, which was around 12% below the average March 2021 detached price in the Epping Forest local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

6 DACRE CLOSE Sold Prices

Land registry data shows four sales for 6 DACRE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. The four 6 DACRE CLOSE sales were a mix of below the average price, and roughly equal to 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
2021 26 MAR	£800,000	£906,462	12% below HPI
2011 30 JUN	£465,000	£571,324	19% below HPI
2006 27 JUL	£425,000	£506,173	16% below HPI
2000 12 MAY	£287,000	£287,120	Close to HPI

6 DACRE 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 four 6 DACRE CLOSE sales between May 2000 and March 2021 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 June 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 6 DACRE CLOSE be worth now?

6 DACRE CLOSE might now be worth an estimated £916,901.

This is based on house price inflation of 14.6%, between March 2021 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 14.6% inflationary increase is applied to the most recent sale price for 6 DACRE CLOSE of £800,000 on 26th March 2021. For the value to have increased from £800,000 to £916,901 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 6 DACRE CLOSE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The March 2021 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of 6 DACRE CLOSE has not materially changed since March 2021.

How Large is 6 DACRE CLOSE?

6 DACRE CLOSE is 119m², which includes two extensions, according to the EPC inspection conducted in February 2020. 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 6 DACRE CLOSE lies on this distribution: 14% of detached houses houses are smaller than 6 DACRE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

6 DACRE CLOSE: Plot and Title Map

6 DACRE CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 6 DACRE 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 6 DACRE 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 6 DACRE CLOSE?

6 DACRE CLOSE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 6 on DACRE CLOSE.