42, LECHMERE AVENUE, CHIGWELL, IG7 5ET - £815,000

42 LECHMERE AVENUE is a small extended detached house of 155m², built sometime between 1930 and 1949. It was last sold for £815,000 in October 2022, which was around 23% below the average October 2022 detached price in the Epping Forest local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

42 LECHMERE AVENUE Sold Prices

Land registry data shows two sales for 42 LECHMERE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. Both of the two 42 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
2022 28 OCT	£815,000	£1,060,744	23% below HPI
2006 11 DEC	£450,000	£485,830	7% below HPI

42 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 two 42 LECHMERE AVENUE sales from December 2006 and October 2022 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 December 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 42 LECHMERE AVENUE?

42 LECHMERE AVENUE is 155m², which includes three extensions, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 42 LECHMERE AVENUE lies on this distribution: 31% of detached houses are smaller than 42 LECHMERE AVENUE, and 69% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

42 LECHMERE AVENUE: Plot and Title Map

42 LECHMERE AVENUE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 42 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 42 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 42 LECHMERE AVENUE?

42 LECHMERE AVENUE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 42 on LECHMERE AVENUE.