1, GRACE CLOSE, ILFORD, IG6 3DW - £189,995

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GRACE CLOSE is a very small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £189,995 in October 2001, which was around 42% below the average October 2001 detached price in the Redbridge local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

1 GRACE CLOSE Sold Prices

Land registry data shows two sales for 1 GRACE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. Both of the two 1 GRACE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2001 8 OCT	£189,995	£330,372	42% below HPI
1998 1 JUL	£160,000	£206,029	22% below HPI

1 GRACE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The two 1 GRACE CLOSE sales from July 1998 and October 2001 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2001 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 1 GRACE CLOSE?

1 GRACE CLOSE is 94m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 1 GRACE CLOSE lies on this distribution: 16% of detached houses are smaller than 1 GRACE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in London.

1 GRACE CLOSE: Plot and Title Map

1 GRACE CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 1 GRACE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 GRACE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 GRACE CLOSE?

1 GRACE CLOSE is located in ILFORD, in the IG6 postcode district. The below map shows the position of No. 1 on GRACE CLOSE.