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
125 REDBRIDGE LANE EAST is a very small extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £355,000 in August 2007, which was around 34% below the average August 2007 detached price in the Redbridge local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 125 REDBRIDGE LANE EAST since 1st 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 125 REDBRIDGE LANE EAST 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 |
---|---|---|---|
2007 31 AUG | £355,000 | £535,876 | 34% below HPI |
1999 15 JAN | £113,500 | £209,614 | 46% below HPI |
The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The two 125 REDBRIDGE LANE EAST sales from January 1999 and August 2007 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 January 1999 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2007 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
125 REDBRIDGE LANE EAST is 99m², which includes one extension, according to the EPC inspection conducted in February 2022. 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 125 REDBRIDGE LANE EAST lies on this distribution: 19% of detached houses are smaller than 125 REDBRIDGE LANE EAST, and 80% of houses are larger. Note that EPC data is not available for all properties in London.
125 REDBRIDGE LANE EAST sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 125 REDBRIDGE LANE EAST, 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 125 REDBRIDGE LANE EAST). 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.
125 REDBRIDGE LANE EAST is located in ILFORD, in the IG4 postcode district. The below map shows the position of No. 125 on REDBRIDGE LANE EAST.