28, LECHMERE AVENUE, CHIGWELL, IG7 5ET - £555,000

28 LECHMERE AVENUE is a small extended detached house of 150m², built sometime between 1950 and 1966. It was last sold for £555,000 in October 2006, which was around 12% above the average October 2006 detached price in the Epping Forest local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

28 LECHMERE AVENUE Sold Prices

Land registry data shows four sales for 28 LECHMERE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. Most of the four 28 LECHMERE AVENUE 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
2006 16 OCT	£555,000	£496,428	12% above HPI
2000 10 NOV	£250,000	£306,398	18% below HPI
1995 13 NOV	£134,000	£160,704	17% below HPI
1995 22 SEP	£132,900	£162,670	18% below HPI

28 LECHMERE AVENUE 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 four 28 LECHMERE AVENUE sales between September 1995 and October 2006 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 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2006 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 28 LECHMERE AVENUE?

28 LECHMERE AVENUE is 150m², which includes four extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 28 LECHMERE AVENUE lies on this distribution: 29% of detached houses are smaller than 28 LECHMERE AVENUE, and 71% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

28 LECHMERE AVENUE: Plot and Title Map

28 LECHMERE AVENUE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 28 LECHMERE AVENUE, 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 28 LECHMERE AVENUE). 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 28 LECHMERE AVENUE?

28 LECHMERE AVENUE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 28 on LECHMERE AVENUE.