3, New Forest Lane
3, New Forest Lane
Description & Estimates
Public records show 3, New Forest Lane, Chigwell to be an early-century freehold house with 5,435 ft2 of internal area, sitting on a 897 m2 plot.
In this area, houses of this size normally have 6 bedrooms with a garden.
3, New Forest Lane, Chigwell has an estimated sale value of £2,771,065 and an estimated rental value of £4,882 per month, assuming reasonable condition and based on the information available.
New Forest Lane, Chigwell, IG7 lies in the borough of Epping Forest, within the IG7 postal district.
Our Data Sources
3, New Forest Lane, Chigwell has a single entry in the Land Registry from June 2017 and a single entry in the EPC database dated December 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, New Forest Lane, Chigwell would be worth £2,909,618, with a potential rental value of £5,126 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £2,577,091, with a rental value of £4,540 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, New Forest Lane, Chigwell has declined by £89,470 (3.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £95 (2.0%). The property's estimated gross yield is currently 2.1%.
Plot Size
3, New Forest Lane, Chigwell occupies a 897 m2 plot as recorded by HM Land Registry.
All 18 other houses in this postcode have recorded plot sizes, and this one ranks as the 11th largest.
Energy Efficiency
3, New Forest Lane, Chigwell has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Dec 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
3, New Forest Lane, Chigwell last changed hands on 20th June 2017, selling for £1,250,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 10.4% since June 2017.
- Sold Jun 2017£1,250,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 770 metres of 3, New Forest Lane, Chigwell across the last 2 years.
Most recently, 9, Forest Lane, Chigwell, IG7 5AF, a freehold house, sold at £2,900,000 on the 3rd February 2025.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, New Forest Lane, Chigwell as the 2nd largest and the most expensive of the 18 addresses on New Forest Lane, Chigwell, IG7.
Against the IG7 postcode district average, it is £2.135m more expensive than the typical property.
More reading links
Schools Nearby
- 1.0kmRoding Primary School
- 1.2kmFairlop Primary School
- 1.3kmLimes Farm Junior School
- 700mWest Hatch High School
- 1.6kmCaterham High School
- 1.8kmIlford County High School
More reading links
Public Transport Nearby
Chigwell station is the nearest stop to 3, New Forest Lane, Chigwell at 1.2 kilometres away.
- 1.2kmChigwell
- 1.7kmGrange Hill
- 1.7kmHainault
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
