14, NEWLANDS ROAD, WOODFORD GREEN, IG8 0RU - £410,000

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

14 NEWLANDS ROAD is a very small detached house of 57m², built sometime between 1930 and 1949. It was last sold for £410,000 in November 2013, which was around 31% below the average November 2013 detached price in the Redbridge local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was B.

14 NEWLANDS ROAD Sold Prices

Land registry data shows two sales for 14 NEWLANDS ROAD 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 14 NEWLANDS ROAD 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
2013 25 NOV	£410,000	£590,204	31% below HPI
1995 30 JUN	£114,500	£152,765	25% below HPI

14 NEWLANDS ROAD 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 14 NEWLANDS ROAD sales from June 1995 and November 2013 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 June 1995 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2013 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 14 NEWLANDS ROAD?

14 NEWLANDS ROAD is 57m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 14 NEWLANDS ROAD lies on this distribution: 1% of detached houses are smaller than 14 NEWLANDS ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Woodford.

14 NEWLANDS ROAD: Plot and Title Map

14 NEWLANDS ROAD sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 14 NEWLANDS ROAD, 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 14 NEWLANDS ROAD). 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 14 NEWLANDS ROAD?

14 NEWLANDS ROAD is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 14 on NEWLANDS ROAD.