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
136 GOODMAYES LANE is a midsized extended detached house of 150m², built sometime between 1950 and 1966. It was last sold for £850,000 in March 2023, which was around 15% below the average March 2023 detached price in the Redbridge local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 136 GOODMAYES LANE since 1st 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 136 GOODMAYES LANE 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 |
---|---|---|---|
2023 20 MAR | £850,000 | £1,005,208 | 15% below HPI |
1998 5 MAR | £150,000 | £200,713 | 25% below HPI |
1996 14 MAR | £119,000 | £159,004 | 25% below HPI |
The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The three 136 GOODMAYES LANE sales between March 1996 and March 2023 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 March 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
136 GOODMAYES LANE is 150m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 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 136 GOODMAYES LANE lies on this distribution: 53% of detached houses are smaller than 136 GOODMAYES LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in London.
136 GOODMAYES LANE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 136 GOODMAYES LANE, 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 136 GOODMAYES LANE). 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.
136 GOODMAYES LANE is located in ILFORD, in the IG3 postcode district. The below map shows the position of No. 136 on GOODMAYES LANE.