70, FAIRVIEW DRIVE, CHIGWELL, IG7 6HS - £375,000

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.

70 FAIRVIEW DRIVE is a small extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £637,121. It was last sold for £375,000 in March 2014, which was around 41% below the average March 2014 detached price in the Redbridge local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

70 FAIRVIEW DRIVE Sold Prices

Land registry data shows two sales for 70 FAIRVIEW DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. Both of the two 70 FAIRVIEW DRIVE 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
2014 24 MAR	£375,000	£631,411	41% below HPI
2006 9 FEB	£220,000	£477,942	54% below HPI

70 FAIRVIEW DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The two 70 FAIRVIEW DRIVE sales from February 2006 and March 2014 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 2006 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the March 2014 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 70 FAIRVIEW DRIVE be worth now?

70 FAIRVIEW DRIVE might now be worth an estimated £637,121.

This is based on house price inflation of 69.9%, between March 2014 and June 2025, for detached houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.9% inflationary increase is applied to the most recent sale price for 70 FAIRVIEW DRIVE of £375,000 on 24th March 2014. For the value to have increased from £375,000 to £637,121 over the ten years and nine months to June 2025, the following assumptions must hold true:

• The value of 70 FAIRVIEW DRIVE has moved in line with the HPI for detached houses in the Redbridge local authority area.
• The March 2014 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 70 FAIRVIEW DRIVE has not materially changed since March 2014.

How Large is 70 FAIRVIEW DRIVE?

70 FAIRVIEW DRIVE is 102m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 70 FAIRVIEW DRIVE lies on this distribution: 21% of detached houses houses are smaller than 70 FAIRVIEW DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in London.

70 FAIRVIEW DRIVE: Plot and Title Map

70 FAIRVIEW DRIVE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 70 FAIRVIEW DRIVE, 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 70 FAIRVIEW DRIVE). 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 70 FAIRVIEW DRIVE?

70 FAIRVIEW DRIVE is located in CHIGWELL, in the IG7 postcode district. The below map shows the position of No. 70 on FAIRVIEW DRIVE.