140, GOODMAYES LANE, ILFORD, IG3 9PS - £645,000

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

140 GOODMAYES LANE is a small extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £645,000 in May 2021, which was around 29% below the average May 2021 detached price in the Redbridge local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

140 GOODMAYES LANE Sold Prices

Land registry data shows two sales for 140 GOODMAYES LANE 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 140 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
2021 28 MAY	£645,000	£911,466	29% below HPI
2013 23 AUG	£395,000	£577,669	32% below HPI

140 GOODMAYES LANE 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 140 GOODMAYES LANE sales from August 2013 and May 2021 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 August 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 140 GOODMAYES LANE?

140 GOODMAYES LANE is 119m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 140 GOODMAYES LANE lies on this distribution: 33% of detached houses are smaller than 140 GOODMAYES LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in London.

140 GOODMAYES LANE: Plot and Title Map

140 GOODMAYES LANE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 140 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 140 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.

Where is 140 GOODMAYES LANE?

140 GOODMAYES LANE is located in ILFORD, in the IG3 postcode district. The below map shows the position of No. 140 on GOODMAYES LANE.