14, FAIRVIEW CLOSE, CHIGWELL, IG7 6HW - £560,000

14 FAIRVIEW CLOSE is a small detached house of 102m², built sometime between 1976 and 1982. It was last sold for £560,000 in October 2015, which was around 25% below the average October 2015 detached price in the Redbridge local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

14 FAIRVIEW CLOSE Sold Prices

Land registry data shows two sales for 14 FAIRVIEW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. Both of the two 14 FAIRVIEW CLOSE 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
2015 9 OCT	£560,000	£750,199	25% below HPI
2009 6 MAR	£300,000	£444,468	33% below HPI

14 FAIRVIEW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The two 14 FAIRVIEW CLOSE sales from March 2009 and October 2015 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 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2015 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 14 FAIRVIEW CLOSE?

14 FAIRVIEW CLOSE is 102m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 14 FAIRVIEW CLOSE lies on this distribution: 21% of detached houses are smaller than 14 FAIRVIEW CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in London.

14 FAIRVIEW CLOSE: Plot and Title Map

14 FAIRVIEW CLOSE sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 14 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 14 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 14 FAIRVIEW CLOSE?

14 FAIRVIEW CLOSE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 14 on FAIRVIEW CLOSE.