281, FENCEPIECE ROAD, CHIGWELL, IG7 5DR - £400,000

281 FENCEPIECE ROAD is a very small detached house of 106m², built sometime between 1950 and 1966. It was last sold for £400,000 in December 2011, which was around 29% below the average December 2011 detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was C.

281 FENCEPIECE ROAD Sold Prices

Land registry data shows three sales for 281 FENCEPIECE ROAD 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 281 FENCEPIECE ROAD 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
2011 6 DEC	£400,000	£564,659	29% below HPI
2010 29 OCT	£412,000	£563,279	27% below HPI
2003 24 APR	£305,000	£421,721	28% below HPI

281 FENCEPIECE ROAD 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 281 FENCEPIECE ROAD sales between April 2003 and December 2011 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 October 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2011 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 281 FENCEPIECE ROAD?

281 FENCEPIECE ROAD is 106m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 281 FENCEPIECE ROAD lies on this distribution: 8% of detached houses are smaller than 281 FENCEPIECE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

281 FENCEPIECE ROAD: Plot and Title Map

281 FENCEPIECE ROAD sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 281 FENCEPIECE ROAD, 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 281 FENCEPIECE ROAD). 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 281 FENCEPIECE ROAD?

281 FENCEPIECE ROAD is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 281 on FENCEPIECE ROAD.