10, HOVETON WAY, ILFORD, IG6 2GP - £650,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 HOVETON WAY is a midsized detached house of 132m², built sometime between 1996 and 2002. It was last sold for £650,000 in September 2019, which was around 24% below the average September 2019 detached price in the Redbridge local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

10 HOVETON WAY Sold Prices

Land registry data shows four sales for 10 HOVETON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. All of the four 10 HOVETON WAY 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
2019 30 SEP	£650,000	£854,055	24% below HPI
2015 17 FEB	£578,000	£673,117	14% below HPI
2006 23 NOV	£460,000	£482,876	5% below HPI
2003 1 AUG	£389,950	£424,411	8% below HPI

10 HOVETON WAY 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 four 10 HOVETON WAY sales between August 2003 and September 2019 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 February 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 10 HOVETON WAY?

10 HOVETON WAY is 132m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 10 HOVETON WAY lies on this distribution: 42% of detached houses are smaller than 10 HOVETON WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in London.

10 HOVETON WAY: Plot and Title Map

10 HOVETON WAY sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 10 HOVETON WAY, 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 10 HOVETON WAY). 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 10 HOVETON WAY?

10 HOVETON WAY is located in ILFORD, in the IG6 postcode district. The below map shows the position of No. 10 on HOVETON WAY.