60, LECHMERE AVENUE, CHIGWELL, IG7 5ET - £660,000

60 LECHMERE AVENUE is a very small extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £660,000 in November 2017, which was around 23% below the average November 2017 detached price in the Epping Forest local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

60 LECHMERE AVENUE Sold Prices

Land registry data shows three sales for 60 LECHMERE AVENUE 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 60 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
2017 15 NOV	£660,000	£855,703	23% below HPI
2013 26 JUL	£435,000	£582,951	25% below HPI
1998 9 OCT	£174,000	£225,731	23% below HPI

60 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 three 60 LECHMERE AVENUE sales between October 1998 and November 2017 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 July 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 60 LECHMERE AVENUE?

60 LECHMERE AVENUE is 99m², which includes one extension, according to the EPC inspection conducted in March 2017. 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 60 LECHMERE AVENUE lies on this distribution: 6% of detached houses are smaller than 60 LECHMERE AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

60 LECHMERE AVENUE: Plot and Title Map

60 LECHMERE AVENUE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 60 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 60 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 60 LECHMERE AVENUE?

60 LECHMERE AVENUE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 60 on LECHMERE AVENUE.