2, LORD AVENUE, ILFORD, IG5 0HP - £1,250,000

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

2 LORD AVENUE is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £1,250,000 in December 2021, which was around 27% above the average December 2021 detached price in the Redbridge local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

2 LORD AVENUE Sold Prices

Land registry data shows three sales for 2 LORD AVENUE 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 2 LORD AVENUE 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
2021 21 DEC	£1,250,000	£982,259	27% above HPI
2017 24 NOV	£932,000	£864,291	8% above HPI
2008 26 SEP	£600,000	£526,423	14% above HPI

2 LORD AVENUE 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 2 LORD AVENUE sales between September 2008 and December 2021 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 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 2 LORD AVENUE?

2 LORD AVENUE is 60m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 2 LORD AVENUE lies on this distribution: 2% of detached houses are smaller than 2 LORD AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in London.

2 LORD AVENUE: Plot and Title Map

2 LORD AVENUE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 2 LORD AVENUE, 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 LORD AVENUE). 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 LORD AVENUE?

2 LORD AVENUE is located in ILFORD, in the IG5 postcode district. The below map shows the position of No. 2 on LORD AVENUE.