7, GROVEWOOD PLACE, WOODFORD GREEN, IG8 8PX - £815,000

7 GROVEWOOD PLACE is a small detached house of 136m², built sometime between 1991 and 1995. It was last sold for £815,000 in May 2023, which was around 19% below the average May 2023 detached price in the Epping Forest local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

7 GROVEWOOD PLACE Sold Prices

Land registry data shows two sales for 7 GROVEWOOD PLACE 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. One of the two 7 GROVEWOOD PLACE sales was for below the average price, whilst the other was for above 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
2023 4 MAY	£815,000	£1,012,290	19% below HPI
1995 31 JUL	£175,000	£160,287	9% above HPI

7 GROVEWOOD PLACE 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 7 GROVEWOOD PLACE sales from July 1995 and May 2023 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 1995 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 GROVEWOOD PLACE?

7 GROVEWOOD PLACE is 136m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% of detached houses in Chigwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chigwell, and where 7 GROVEWOOD PLACE lies on this distribution: 22% of detached houses are smaller than 7 GROVEWOOD PLACE, and 77% of houses are larger. Note that EPC data is not available for all properties in Chigwell.

7 GROVEWOOD PLACE: Plot and Title Map

7 GROVEWOOD PLACE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 7 GROVEWOOD PLACE, 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 7 GROVEWOOD PLACE). 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 7 GROVEWOOD PLACE?

7 GROVEWOOD PLACE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 7 on GROVEWOOD PLACE.