16 Lodge Close

    16, LODGE CLOSE, CHIGWELL, IG7 6JL

    This detached freehold property on Lodge Close last sold in February 2023 for £900,000. Based on price growth in the IG7 district since then, its estimated current value is £951,880 — placing it in the 95th percentile nationally and the 75th percentile within IG7. The property covers 116 m² (1,249 sq ft), giving an estimated value of £8,206 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £900,000

    Feb 2023

    Estimated Valuation

    £951,880

    Est. £/sq ft

    £762/sq ft

    £8,206/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,249 sq ft (116 m²)
    EPC dateJul 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Feb 2023

    £900,000

    Key Metrics

    Estimated valuation£951,880
    Value per sq ft / m²£762/sq ft (£8,206/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG7 district percentile75th percentile
    National percentile95th 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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