18, CARRICK DRIVE, ILFORD, IG6 2LX - £425,000

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

18 CARRICK DRIVE is a very small extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £425,000 in September 2015, which was around 42% below the average September 2015 detached price in the Redbridge local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

18 CARRICK DRIVE Sold Prices

Land registry data shows three sales for 18 CARRICK DRIVE 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 18 CARRICK 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
2015 11 SEP	£425,000	£731,427	42% below HPI
2002 27 FEB	£237,500	£332,766	29% below HPI
1995 30 JUN	£138,000	£152,765	10% below HPI

18 CARRICK 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 three 18 CARRICK DRIVE sales between June 1995 and September 2015 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 February 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2015 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 18 CARRICK DRIVE?

18 CARRICK DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 18 CARRICK DRIVE lies on this distribution: 17% of detached houses are smaller than 18 CARRICK DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in London.

18 CARRICK DRIVE: Plot and Title Map

18 CARRICK DRIVE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 18 CARRICK 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 18 CARRICK 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 18 CARRICK DRIVE?

18 CARRICK DRIVE is located in ILFORD, in the IG6 postcode district. The below map shows the position of No. 18 on CARRICK DRIVE.