16, NEW FOREST LANE, CHIGWELL, IG7 5QN - £913,000

16 NEW FOREST LANE is a large extended detached house of 242m², built sometime between 1930 and 1949. It was last sold for £913,000 in May 2010, which was around 65% above the average May 2010 detached price in the Epping Forest local authority area. The most recent EPC inspection was April 2009, where the current energy rating was F, and the potential energy rating was E.

16 NEW FOREST LANE Sold Prices

Land registry data shows three sales for 16 NEW FOREST LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the three 16 NEW FOREST LANE 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
2010 19 MAY	£913,000	£552,564	65% above HPI
2007 14 JAN	£800,000	£491,248	63% above HPI
1998 24 FEB	£495,000	£212,844	133% above HPI

16 NEW FOREST LANE 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 three 16 NEW FOREST LANE sales between February 1998 and May 2010 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 January 2007 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the May 2010 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 16 NEW FOREST LANE?

16 NEW FOREST LANE is 242m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the largest 40% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 16 NEW FOREST LANE lies on this distribution: 63% of detached houses are smaller than 16 NEW FOREST LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

16 NEW FOREST LANE: Plot and Title Map

16 NEW FOREST LANE sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 16 NEW FOREST LANE, 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 16 NEW FOREST LANE). 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 16 NEW FOREST LANE?

16 NEW FOREST LANE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 16 on NEW FOREST LANE.