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
7 CHESTER ROAD is a midsized extended detached house of 209m², built sometime between 1950 and 1966. It was last sold for £1,310,000 in March 2024, which was around 37% above the average March 2024 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2023, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 7 CHESTER ROAD since 1st 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 7 CHESTER ROAD 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 |
---|---|---|---|
2024 20 MAR | £1,310,000 | £955,961 | 37% above HPI |
2006 24 NOV | £772,500 | £491,006 | 57% above HPI |
2004 26 MAR | £660,500 | £439,855 | 50% above HPI |
The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The three 7 CHESTER ROAD sales between March 2004 and March 2024 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 2006 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the March 2024 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.
7 CHESTER ROAD is 209m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 50% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 7 CHESTER ROAD lies on this distribution: 54% of detached houses are smaller than 7 CHESTER ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Chigwell.
7 CHESTER ROAD sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 7 CHESTER ROAD, 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 7 CHESTER ROAD). 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.
7 CHESTER ROAD is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 7 on CHESTER ROAD.