2, DERBY ROAD, LONDON, E18 2PU - £372,000

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.

2 DERBY ROAD is a very small detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £709,736. It was last sold for £372,000 in May 2012, which was around 36% below the average May 2012 detached price in the Redbridge local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

2 DERBY ROAD Sold Prices

Land registry data shows two sales for 2 DERBY ROAD 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 2 DERBY 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
2012 2 MAY	£372,000	£578,188	36% below HPI
1998 6 FEB	£120,000	£215,110	44% below HPI

2 DERBY ROAD 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 2 DERBY ROAD sales from February 1998 and May 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 February 1998 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2012 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2 DERBY ROAD be worth now?

2 DERBY ROAD might now be worth an estimated £709,736.

This is based on house price inflation of 90.8%, between May 2012 and February 2025, for detached houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 90.8% inflationary increase is applied to the most recent sale price for 2 DERBY ROAD of £372,000 on 2nd May 2012. For the value to have increased from £372,000 to £709,736 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 2 DERBY ROAD has moved in line with the HPI for detached houses in the Redbridge local authority area.
• The May 2012 sale price of £372,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DERBY ROAD has not materially changed since May 2012.

How Large is 2 DERBY ROAD?

2 DERBY ROAD is 83m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodford, and where 2 DERBY ROAD lies on this distribution: 4% of detached houses houses are smaller than 2 DERBY ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Woodford.

2 DERBY ROAD: Plot and Title Map

2 DERBY ROAD sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 2 DERBY 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 2 DERBY 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.

Where is 2 DERBY ROAD?

2 DERBY ROAD is located in LONDON, in the E18 postcode district. The below map shows the position of No. 2 on DERBY ROAD.