16B, HORN LANE, WOODFORD GREEN, IG8 9AA - £990,000

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

16B HORN LANE is a large detached house of 180m², built sometime between 1996 and 2002. It was last sold for £990,000 in February 2012, which was around 86% above the average February 2012 detached price in the Redbridge local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

16B HORN LANE Sold Prices

Land registry data shows three sales for 16B HORN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. All of the three 16B HORN 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
2012 17 FEB	£990,000	£533,541	86% above HPI
2007 19 NOV	£992,500	£544,251	82% above HPI
2002 5 DEC	£650,000	£402,859	61% above HPI

16B HORN 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 three 16B HORN LANE sales between December 2002 and February 2012 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 November 2007 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the February 2012 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

How Large is 16B HORN LANE?

16B HORN LANE is 180m² according to the EPC inspection conducted in August 2023. This puts it in the largest 40% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 16B HORN LANE lies on this distribution: 63% of detached houses are smaller than 16B HORN LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Woodford.

16B HORN LANE: Plot and Title Map

16B HORN LANE sits on a plot of roughly 0.196 of an acre, or 793m². The below map shows the location of 16B HORN 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 16B HORN 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 16B HORN LANE?

16B HORN LANE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 16B on HORN LANE.