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 £1,297,233 , which equates to approximately £1,435 per square foot. It was last sold on 10 Mar 2005 for £537,000. Since then, the value has increased by £760,233, representing a 141.6% increase, or approximately 6.6% per year.

The current estimated value of £1,297,233 is:

  • 129.2% higher than the average property price on Five Oaks Lane
  • 25.6% higher than the average in the IG7 4QP postcode area
  • and 183.8% 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)
£1,297,233
Price Per sq ft (estimate)
£1,435
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
26% higher than average
1 st / 2
Size Rank
16% smaller than average
1 st / 2
Price Per Sq FT Rank
50% higher than average

Sale History

Today
£1,297,233
streetscan.co.uk estimate
+142 %
10 Mar 2005
£537,000
Freehold
+53.4 %
31 Mar 2003
£350,000
Freehold

Flood Risk for this Property

Flood risk from rivers and the sea
Very low flood risk
Flood risk from surface water
Medium flood risk
Surface water flood hazard
Medium

* Results are based on Environment Agency flood risk mapping for the property UPRN where available. They are indicative and should not be treated as a site-specific flood survey.

Flood risk from rivers and the sea

This property has very low flood risk from rivers and the sea.

River and sea flooding includes flooding caused by overflowing rivers, estuaries, tidal waters and coastal surges.

Flood risk from surface water

This property has medium surface water flood risk.

Surface water flooding can happen when heavy rainfall overwhelms drains, roads, gardens or other hard surfaces.

Flood depth indicators

Rivers and Sea
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk
Surface Water
  • 0.2m depth Very low
  • 0.3m depth Very low
  • 0.6m depth Very low
  • 0.9m depth Very low
  • 1.2m depth Very low

Area Insights

Nearby Properties

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 HM Land Registry records, with the latest transaction recorded on 10 Mar 2005. It also has two Energy Performance Certificate (EPC) records, the earliest dating back to 10 May 2012. We use this information to estimate the property's characteristics, flood risk profile and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0 .

StreetScan.co.uk is not affiliated with, endorsed by, or associated with HM Land Registry, DESNZ, MHCLG, Defra or the Environment Agency.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure that the information provided on this website is current and accurate. However, no warranties or representations are made regarding its completeness, accuracy, suitability or reliability. Property values, flood risk assessments and other derived information are estimates based on publicly available datasets and should not be relied upon as professional, legal, surveying, environmental, financial or insurance advice. StreetScan.co.uk expressly disclaims all liability for any loss, damage, cost or expense arising directly or indirectly from the use of, or reliance upon, information provided on this website.