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
145 MONKHAMS LANE is a midsized extended detached house of 170m², built sometime between 1930 and 1949. It was last sold for £652,000 in September 2007, which was around 20% above the average September 2007 detached price in the Redbridge local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 145 MONKHAMS LANE since 1st 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 145 MONKHAMS LANE sales were for above 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 21 SEP | £652,000 | £543,351 | 20% above HPI |
2002 22 JUL | £447,500 | £361,489 | 24% above HPI |
1996 2 APR | £225,000 | £159,886 | 41% above HPI |
1995 25 SEP | £210,000 | £156,272 | 34% above HPI |
The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The four 145 MONKHAMS LANE sales between September 1995 and September 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 July 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2007 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.
145 MONKHAMS LANE is 170m², which includes three extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 50% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 145 MONKHAMS LANE lies on this distribution: 57% of detached houses are smaller than 145 MONKHAMS LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Woodford.
145 MONKHAMS LANE sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of 145 MONKHAMS 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 145 MONKHAMS 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.
145 MONKHAMS LANE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 145 on MONKHAMS LANE.