15, WAKERLEY CLOSE, LONDON, E6 5PS - £410,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 WAKERLEY CLOSE is a very small detached house of 66m², built sometime between 1991 and 1995, which could now be worth an estimated £464,461. It was last sold for £410,000 in October 2018, which was around 37% below the average October 2018 detached price in the Newham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

15 WAKERLEY CLOSE Sold Prices

Land registry data shows two sales for 15 WAKERLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newham local authority area for the corresponding sale date. Both of the two 15 WAKERLEY CLOSE 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
2018 23 OCT	£410,000	£650,230	37% below HPI
1996 29 MAR	£71,000	£108,900	35% below HPI

15 WAKERLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newham local authority area over time, sourced from the HPI. The two 15 WAKERLEY CLOSE sales from March 1996 and October 2018 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 1996 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 15 WAKERLEY CLOSE be worth now?

15 WAKERLEY CLOSE might now be worth an estimated £464,461.

This is based on house price inflation of 13.3%, between October 2018 and February 2025, for detached houses, in the Newham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for 15 WAKERLEY CLOSE of £410,000 on 23rd October 2018. For the value to have increased from £410,000 to £464,461 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 WAKERLEY CLOSE has moved in line with the HPI for detached houses in the Newham local authority area.
• The October 2018 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WAKERLEY CLOSE has not materially changed since October 2018.

How Large is 15 WAKERLEY CLOSE?

15 WAKERLEY CLOSE is 66m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 15 WAKERLEY CLOSE lies on this distribution: 3% of detached houses houses are smaller than 15 WAKERLEY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

15 WAKERLEY CLOSE: Plot and Title Map

15 WAKERLEY CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 15 WAKERLEY CLOSE, 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 15 WAKERLEY CLOSE). 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 15 WAKERLEY CLOSE?

15 WAKERLEY CLOSE is located in LONDON, in the E6 postcode district. The below map shows the position of No. 15 on WAKERLEY CLOSE.