348, FENCEPIECE ROAD, CHIGWELL, IG7 5DY - £550,000

348 FENCEPIECE ROAD is a very small extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £550,000 in July 2010, which was around 2% below the average July 2010 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

348 FENCEPIECE ROAD Sold Prices

Land registry data shows three sales for 348 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 348 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
2010 7 JUL	£550,000	£558,444	2% below HPI
1997 7 FEB	£100,000	£180,450	45% below HPI
1996 30 AUG	£90,000	£167,567	46% below HPI

348 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 348 FENCEPIECE ROAD sales between August 1996 and July 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 February 1997 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2010 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 348 FENCEPIECE ROAD?

348 FENCEPIECE ROAD is 119m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 348 FENCEPIECE ROAD lies on this distribution: 16% of detached houses are smaller than 348 FENCEPIECE ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

348 FENCEPIECE ROAD: Plot and Title Map

348 FENCEPIECE ROAD sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of 348 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 348 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 348 FENCEPIECE ROAD?

348 FENCEPIECE ROAD is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 348 on FENCEPIECE ROAD.