Fairlight Five Oaks Lane, Chigwell, IG7 4QP is a freehold detached property built between 1950-1966. The property offers approximately 904 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £1,243,905 , which equates to approximately £1,376 per square foot. It was last sold on 10 Mar 2005 for £537,000. Since then, the value has increased by £706,905, representing a 131.6% increase, or approximately 6.3% per year.

The current estimated value of £1,243,905 is:

  • 125.0% higher than the average property price on Five Oaks Lane
  • 20.4% higher than the average in the IG7 4QP postcode area
  • and 181.7% higher than the average price for Chigwell as a whole

View sold house prices in IG7 4QP

Building approximate location

About Property

Type
Detached Bungalow
Built
1950-1966
Interior Size
904 sq ft
Tenure
Freehold
Price (estimate)
£1,243,905
Price Per sq ft (estimate)
£1,376
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Fairlight Five Oaks Lane, Chigwell, Redbridge, Greater London Authority, IG7 4QP has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 10 May 2012.

This property uses an oil-fired boiler with radiators as its main heating source. Hot water is provided from the main heating system, supplemented by a solar water heating system. The windows are mostly double glazed.

The previous EPC assessment was conducted on 12 Oct 2009, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 104.5%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to from main system, plus solar, with its energy efficiency improving from very poor to average.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 200mm loft insulation, changing energy efficiency from very good to good.
  • The windows were upgraded from partial double glazing to mostly double glazing.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system, plus solar
Average
Roof
Pitched, 200mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Mostly double glazing
Average
Lighting
No low energy lighting
Very Poor

Compared to IG7 4QP

5 th / 11
Price Rank
20% higher than average
1 st / 2
Size Rank
16% smaller than average
1 st / 2
Price Per Sq FT Rank
44% higher than average

Compared to other properties in IG7 4QP , this bungalow's estimated value ranks 5th out of 11.

Sale History

Today
£1,243,905
streetscan.co.uk estimate
+132 %
10 Mar 2005
£537,000
Leasehold
+53.4 %
31 Mar 2003
£350,000
Leasehold

Area Insights

Nearby Properties

Forest View Five Oaks Lane, Chigwell, IG7 4QP
rooms: 4
size: 791 sq ft
sale price: £70,000
sale date: 20 Oct 1997

Data Sources

The property at Fairlight Five Oaks Lane, Chigwell, IG7 4QP appears two times in the Land Registry records, with the latest transaction recorded on 10 Mar 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 May 2012. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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