HILLVIEW, VICARAGE LANE, CHIGWELL, IG7 6LS - £720,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HILLVIEW is a large extended detached house of 269m², built sometime between 1950 and 1966. It was last sold for £720,000 in May 2001, which was around 124% above the average May 2001 detached price in the Epping Forest local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

HILLVIEW Sold Prices

Land registry data shows two sales for HILLVIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. Both of the two HILLVIEW 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
2001 10 MAY	£720,000	£321,548	124% above HPI
1997 26 SEP	£390,000	£200,455	95% above HPI

HILLVIEW 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 two HILLVIEW sales from September 1997 and May 2001 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 September 1997 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the May 2001 sale, where it rises to 124% above the HPI. The line then continues to track at 124% above the HPI.

How Large is HILLVIEW?

HILLVIEW is 269m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where HILLVIEW lies on this distribution: 71% of detached houses are smaller than HILLVIEW, and 28% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

HILLVIEW: Plot and Title Map

HILLVIEW sits on a plot of roughly 0.204 of an acre, or 826m². The below map shows the location of HILLVIEW, 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 HILLVIEW). 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 HILLVIEW?

HILLVIEW is located on VICARAGE LANE in CHIGWELL, in the IG7 postcode district. The below map shows the position of HILLVIEW on VICARAGE LANE.