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
18 NEW NORTH ROAD is a small extended detached house of 117m², built sometime between 1930 and 1949. It was last sold for £450,000 in January 2017, which was around 47% below the average January 2017 detached price in the Redbridge local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 18 NEW NORTH ROAD since 1st 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 18 NEW NORTH ROAD 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 |
---|---|---|---|
2017 20 JAN | £450,000 | £845,835 | 47% below HPI |
2004 5 OCT | £220,000 | £454,646 | 52% below HPI |
The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The two 18 NEW NORTH ROAD sales from October 2004 and January 2017 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 October 2004 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the January 2017 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.
18 NEW NORTH ROAD is 117m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% 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 NEW NORTH ROAD lies on this distribution: 32% of detached houses are smaller than 18 NEW NORTH ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in London.
18 NEW NORTH ROAD sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 18 NEW NORTH ROAD, 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 NEW NORTH ROAD). 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.
18 NEW NORTH ROAD is located in ILFORD, in the IG6 postcode district. The below map shows the position of No. 18 on NEW NORTH ROAD.