15, VIEW CLOSE, CHIGWELL, IG7 5JU - £223,500

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.

15 VIEW CLOSE is a very small terraced house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £445,590. It was last sold for £223,500 in August 2009, which was around 4% below the average August 2009 terraced price in the Epping Forest local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was C.

15 VIEW CLOSE Sold Prices

Land registry data shows two sales for 15 VIEW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Epping Forest local authority area for the corresponding sale date. One of the two 15 VIEW CLOSE sales was for below the average price, whilst the other was 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
2009 28 AUG	£223,500	£233,724	4% below HPI
1999 20 NOV	£109,000	£105,772	3% above HPI

15 VIEW CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Epping Forest local authority area over time, sourced from the HPI. The two 15 VIEW CLOSE sales from November 1999 and August 2009 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 November 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2009 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 15 VIEW CLOSE be worth now?

15 VIEW CLOSE might now be worth an estimated £445,590.

This is based on house price inflation of 99.4%, between August 2009 and May 2026, for terraced 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 99.4% inflationary increase is applied to the most recent sale price for 15 VIEW CLOSE of £223,500 on 28th August 2009. For the value to have increased from £223,500 to £445,590 over the seventeen years and three months to May 2026, the following assumptions must hold true:

• The value of 15 VIEW CLOSE has moved in line with the HPI for terraced houses in the Epping Forest local authority area.
• The August 2009 sale price of £223,500 represented a fair market value for the property.
• The size, condition, and specification of 15 VIEW CLOSE has not materially changed since August 2009.

How Large is 15 VIEW CLOSE?

15 VIEW CLOSE is 85m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of terraced houses houses in Chigwell, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chigwell, and where 15 VIEW CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 15 VIEW CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

15 VIEW CLOSE: Plot and Title Map

15 VIEW CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 15 VIEW 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 15 VIEW 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 15 VIEW CLOSE?

15 VIEW CLOSE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 15 on VIEW CLOSE.