16 New Forest Lane

    16, NEW FOREST LANE, CHIGWELL, IG7 5QN

    This detached freehold property on New Forest Lane last sold in May 2010 for £913,000. Based on price growth in the IG7 district since then, its estimated current value is £1,934,003 — placing it in the 99th percentile nationally and the 95th percentile within IG7. The property covers 309 m² (3,326 sq ft), giving an estimated value of £6,259 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,326 sq ft

    309 m²

    Last Sale Price

    £913,000

    May 2010

    Estimated Valuation

    £1,934,003

    Est. £/sq ft

    £581/sq ft

    £6,259/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms10
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area3,326 sq ft (309 m²)
    EPC dateMar 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 May 2010

    £913,000

    14 Jan 2007

    £800,000

    24 Feb 1998

    £495,000

    Key Metrics

    Estimated valuation£1,934,003
    Value per sq ft / m²£581/sq ft (£6,259/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG7 district percentile95th percentile
    National percentile99th percentile

    District Context — IG7

    IG7 covers the Loughton and Theydon Bois areas in Essex, positioned on the edge of Greater London within the Epping Forest district. It is an affluent, well-established suburban community with strong commuter appeal and good access to green spaces.

    Average Property Price - IG7

    £659,630

    92

    National percentile

    Average Net Household Income - IG7

    £51,490

    91

    National percentile

    10-Year Annualised Price Growth - IG7

    3.3%

    37

    National percentile

    10-Year Annualised Rent Growth - IG

    4.2%

    71

    National percentile

    View full analysis for IG7

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