7, STRADBROKE DRIVE, CHIGWELL, IG7 5QU - £3,650,000

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.

7 STRADBROKE DRIVE is a very large detached house of 880m², which could now be worth an estimated £3,849,410. It was last sold for £3,650,000 in February 2022, which was around 271% above the average February 2022 detached price in the Epping Forest local authority area. The most recent EPC inspection was November 2013, where the current energy rating was B, and the potential energy rating was B.

7 STRADBROKE DRIVE Sold Prices

Land registry data shows three sales for 7 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 7 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
2022 17 FEB	£3,650,000	£985,101	271% above HPI
2007 30 JUL	£1,512,500	£569,734	165% above HPI
2007 15 MAY	£1,150,000	£531,831	116% above HPI

7 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 7 STRADBROKE DRIVE sales between May 2007 and February 2022 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 July 2007 sale was for 165% above the HPI. So the extrapolation line tracks at 165% above the HPI over time, until the February 2022 sale, where it rises to 271% above the HPI. The line then continues to track at 271% above the HPI.

What might 7 STRADBROKE DRIVE be worth now?

7 STRADBROKE DRIVE might now be worth an estimated £3,849,410.

This is based on house price inflation of 5.5%, between February 2022 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 5.5% inflationary increase is applied to the most recent sale price for 7 STRADBROKE DRIVE of £3,650,000 on 17th February 2022. For the value to have increased from £3,650,000 to £3,849,410 over the three years to February 2025, the following assumptions must hold true:

• The value of 7 STRADBROKE DRIVE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The February 2022 sale price of £3,650,000 represented a fair market value for the property.
• The size, condition, and specification of 7 STRADBROKE DRIVE has not materially changed since February 2022.

How Large is 7 STRADBROKE DRIVE?

7 STRADBROKE DRIVE is 880m² according to the EPC inspection conducted in November 2013. This puts it in the largest 10% 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 7 STRADBROKE DRIVE lies on this distribution: 98% of detached houses houses are smaller than 7 STRADBROKE DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

7 STRADBROKE DRIVE: Plot and Title Map

7 STRADBROKE DRIVE sits on a plot of roughly 0.345 of an acre, or 1,397m². The below map shows the location of 7 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 7 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 7 STRADBROKE DRIVE?

7 STRADBROKE DRIVE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 7 on STRADBROKE DRIVE.