2, HIGH MEADOWS, CHIGWELL, IG7 5JX - £455,000

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.

2 HIGH MEADOWS is a small extended detached house of 141m², built sometime between 1967 and 1975, which could now be worth an estimated £713,722. It was last sold for £455,000 in February 2014, which was around 30% below the average February 2014 detached price in the Epping Forest local authority area. The most recent EPC inspection was March 2013, where the current energy rating was G, and the potential energy rating was C.

2 HIGH MEADOWS Sold Prices

Land registry data shows two sales for 2 HIGH MEADOWS 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 2 HIGH MEADOWS 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
2014 14 FEB	£455,000	£647,321	30% below HPI
2013 9 MAY	£250,000	£607,084	59% below HPI

2 HIGH MEADOWS 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 2 HIGH MEADOWS sales from May 2013 and February 2014 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 May 2013 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the February 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 HIGH MEADOWS be worth now?

2 HIGH MEADOWS might now be worth an estimated £713,722.

This is based on house price inflation of 56.9%, between February 2014 and May 2026, for detached 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 56.9% inflationary increase is applied to the most recent sale price for 2 HIGH MEADOWS of £455,000 on 14th February 2014. For the value to have increased from £455,000 to £713,722 over the eleven years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 HIGH MEADOWS has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The February 2014 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HIGH MEADOWS has not materially changed since February 2014.

How Large is 2 HIGH MEADOWS?

2 HIGH MEADOWS is 141m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chigwell, and where 2 HIGH MEADOWS lies on this distribution: 24% of detached houses houses are smaller than 2 HIGH MEADOWS, and 75% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

2 HIGH MEADOWS: Plot and Title Map

2 HIGH MEADOWS sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 2 HIGH MEADOWS, 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 2 HIGH MEADOWS). 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 2 HIGH MEADOWS?

2 HIGH MEADOWS is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 2 on HIGH MEADOWS.