41, VIEW CLOSE, CHIGWELL, IG7 5JU - £422,000

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.

41 VIEW CLOSE is a very small semi-detached house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £464,897. It was last sold for £422,000 in August 2018, which was around 19% below the average August 2018 semi-detached price in the Epping Forest local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

41 VIEW CLOSE Sold Prices

Land registry data shows four sales for 41 VIEW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Epping Forest local authority area for the corresponding sale date. All of the four 41 VIEW CLOSE 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
2018 10 AUG	£422,000	£520,546	19% below HPI
2010 26 MAR	£242,000	£311,052	22% below HPI
2009 6 MAR	£225,000	£266,483	16% below HPI
2006 29 SEP	£225,000	£295,853	24% below HPI

41 VIEW CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Epping Forest local authority area over time, sourced from the HPI. The four 41 VIEW CLOSE sales between September 2006 and August 2018 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 March 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2018 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 41 VIEW CLOSE be worth now?

41 VIEW CLOSE might now be worth an estimated £464,897.

This is based on house price inflation of 10.2%, between August 2018 and April 2026, for semi-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 10.2% inflationary increase is applied to the most recent sale price for 41 VIEW CLOSE of £422,000 on 10th August 2018. For the value to have increased from £422,000 to £464,897 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 41 VIEW CLOSE has moved in line with the HPI for semi-detached houses in the Epping Forest local authority area.
• The August 2018 sale price of £422,000 represented a fair market value for the property.
• The size, condition, and specification of 41 VIEW CLOSE has not materially changed since August 2018.

How Large is 41 VIEW CLOSE?

41 VIEW CLOSE is 93m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of semi-detached houses houses in Chigwell, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chigwell, and where 41 VIEW CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 41 VIEW CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

41 VIEW CLOSE: Plot and Title Map

41 VIEW CLOSE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 41 VIEW CLOSE, 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 41 VIEW CLOSE). 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 41 VIEW CLOSE?

41 VIEW CLOSE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 41 on VIEW CLOSE.