16, SOUTH PARK DRIVE, ILFORD, IG3 9AG - £780,000

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

16 SOUTH PARK DRIVE is a large detached house of 200m², built sometime between 1950 and 1966. It was last sold for £780,000 in June 2022, which was around 20% below the average June 2022 detached price in the Redbridge local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

16 SOUTH PARK DRIVE Sold Prices

Land registry data shows two sales for 16 SOUTH PARK DRIVE 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 16 SOUTH PARK DRIVE 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
2022 20 JUN	£780,000	£979,429	20% below HPI
2001 28 JUN	£250,000	£302,842	17% below HPI

16 SOUTH PARK DRIVE 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 16 SOUTH PARK DRIVE sales from June 2001 and June 2022 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 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 16 SOUTH PARK DRIVE?

16 SOUTH PARK DRIVE is 200m² according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 16 SOUTH PARK DRIVE lies on this distribution: 75% of detached houses are smaller than 16 SOUTH PARK DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in London.

16 SOUTH PARK DRIVE: Plot and Title Map

16 SOUTH PARK DRIVE sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 16 SOUTH PARK DRIVE, 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 16 SOUTH PARK DRIVE). 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 16 SOUTH PARK DRIVE?

16 SOUTH PARK DRIVE is located in ILFORD, in the IG3 postcode district. The below map shows the position of No. 16 on SOUTH PARK DRIVE.