21, FAIRVIEW DRIVE, CHIGWELL, IG7 6HS - £250,000

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.

21 FAIRVIEW DRIVE is a very small extended semi-detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £426,047. It was last sold for £250,000 in September 2014, which was around 39% below the average September 2014 semi-detached price in the Redbridge local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

21 FAIRVIEW DRIVE Sold Prices

Land registry data shows three sales for 21 FAIRVIEW DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redbridge local authority area for the corresponding sale date. All of the three 21 FAIRVIEW DRIVE 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 10 SEP	£250,000	£410,921	39% below HPI
2007 4 APR	£280,000	£323,720	14% below HPI
2003 24 JUL	£212,000	£264,624	20% below HPI

21 FAIRVIEW DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redbridge local authority area over time, sourced from the HPI. The three 21 FAIRVIEW DRIVE sales between July 2003 and September 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 April 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2014 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 21 FAIRVIEW DRIVE be worth now?

21 FAIRVIEW DRIVE might now be worth an estimated £426,047.

This is based on house price inflation of 70.4%, between September 2014 and May 2026, for semi-detached houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.4% inflationary increase is applied to the most recent sale price for 21 FAIRVIEW DRIVE of £250,000 on 10th September 2014. For the value to have increased from £250,000 to £426,047 over the twelve years and four months to May 2026, the following assumptions must hold true:

• The value of 21 FAIRVIEW DRIVE has moved in line with the HPI for semi-detached houses in the Redbridge local authority area.
• The September 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 21 FAIRVIEW DRIVE has not materially changed since September 2014.

How Large is 21 FAIRVIEW DRIVE?

21 FAIRVIEW DRIVE is 79m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 21 FAIRVIEW DRIVE lies on this distribution: 7% of semi-detached houses houses are smaller than 21 FAIRVIEW DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

21 FAIRVIEW DRIVE: Plot and Title Map

21 FAIRVIEW DRIVE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 21 FAIRVIEW DRIVE, 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 21 FAIRVIEW DRIVE). 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 21 FAIRVIEW DRIVE?

21 FAIRVIEW DRIVE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 21 on FAIRVIEW DRIVE.