1, MONKHAMS DRIVE, WOODFORD GREEN, IG8 0LG - £1,530,000

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 MONKHAMS DRIVE is a very large extended detached house of 236m², built sometime between 1900 and 1929. It was last sold for £1,530,000 in January 2018, which was around 77% above the average January 2018 detached price in the Redbridge local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

1 MONKHAMS DRIVE Sold Prices

Land registry data shows three sales for 1 MONKHAMS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. All of the three 1 MONKHAMS DRIVE sales were for above 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
2018 4 JAN	£1,530,000	£866,162	77% above HPI
2006 11 SEP	£875,000	£477,713	83% above HPI
1996 29 JUL	£203,000	£160,348	27% above HPI

1 MONKHAMS DRIVE 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 three 1 MONKHAMS DRIVE sales between July 1996 and January 2018 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 September 2006 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the January 2018 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 1 MONKHAMS DRIVE?

1 MONKHAMS DRIVE is 236m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 20% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 1 MONKHAMS DRIVE lies on this distribution: 85% of detached houses are smaller than 1 MONKHAMS DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Woodford.

1 MONKHAMS DRIVE: Plot and Title Map

1 MONKHAMS DRIVE sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 1 MONKHAMS DRIVE, 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 MONKHAMS DRIVE). 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 MONKHAMS DRIVE?

1 MONKHAMS DRIVE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 1 on MONKHAMS DRIVE.