9, FAIRVIEW CLOSE, CHIGWELL, IG7 6HW - £610,000

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

9 FAIRVIEW CLOSE is a small extended semi-detached house of 115m², built sometime between 1930 and 1949, which could now be worth an estimated £770,788. It was last sold for £610,000 in April 2018, which was around 12% above the average April 2018 semi-detached price in the Redbridge local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

9 FAIRVIEW CLOSE Sold Prices

Land registry data shows three sales for 9 FAIRVIEW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redbridge local authority area for the corresponding sale date. All of the three 9 FAIRVIEW CLOSE 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
2018 13 APR	£610,000	£545,664	12% above HPI
2007 20 APR	£345,000	£323,720	7% above HPI
2002 24 OCT	£250,000	£236,311	6% above HPI

9 FAIRVIEW CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redbridge local authority area over time, sourced from the HPI. The three 9 FAIRVIEW CLOSE sales between October 2002 and April 2018 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 April 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2018 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 9 FAIRVIEW CLOSE be worth now?

9 FAIRVIEW CLOSE might now be worth an estimated £770,788.

This is based on house price inflation of 26.4%, between April 2018 and February 2025, for semi-detached houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.4% inflationary increase is applied to the most recent sale price for 9 FAIRVIEW CLOSE of £610,000 on 13th April 2018. For the value to have increased from £610,000 to £770,788 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 9 FAIRVIEW CLOSE has moved in line with the HPI for semi-detached houses in the Redbridge local authority area.
• The April 2018 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of 9 FAIRVIEW CLOSE has not materially changed since April 2018.

How Large is 9 FAIRVIEW CLOSE?

9 FAIRVIEW CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 9 FAIRVIEW CLOSE lies on this distribution: 30% of semi-detached houses houses are smaller than 9 FAIRVIEW CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in London.

9 FAIRVIEW CLOSE: Plot and Title Map

9 FAIRVIEW CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 9 FAIRVIEW 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 9 FAIRVIEW 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 9 FAIRVIEW CLOSE?

9 FAIRVIEW CLOSE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 9 on FAIRVIEW CLOSE.