1, GROVEWOOD PLACE, WOODFORD GREEN, IG8 8PX - £340,000

1 GROVEWOOD PLACE is a very small detached house of 86m², built sometime between 2003 and 2006. It was last sold for £340,000 in August 2004, which was around 26% below the average August 2004 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

1 GROVEWOOD PLACE Sold Prices

Land registry data shows two sales for 1 GROVEWOOD PLACE 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 1 GROVEWOOD PLACE sales were for below 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
2004 16 AUG	£340,000	£456,634	26% below HPI
2002 15 MAR	£267,000	£341,841	22% below HPI

1 GROVEWOOD PLACE 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 1 GROVEWOOD PLACE sales from March 2002 and August 2004 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 March 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2004 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 GROVEWOOD PLACE?

1 GROVEWOOD PLACE is 86m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 1 GROVEWOOD PLACE lies on this distribution: 3% of detached houses are smaller than 1 GROVEWOOD PLACE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

1 GROVEWOOD PLACE: Plot and Title Map

1 GROVEWOOD PLACE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 1 GROVEWOOD PLACE, 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 1 GROVEWOOD PLACE). 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 1 GROVEWOOD PLACE?

1 GROVEWOOD PLACE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 1 on GROVEWOOD PLACE.