2, LOVAGE APPROACH, LONDON, E6 5UL - £310,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 LOVAGE APPROACH is a midsized detached house of 144m², built sometime between 1983 and 1990, which could now be worth an estimated £704,847. It was last sold for £310,000 in October 2003, which was around 4% below the average October 2003 detached price in the Newham local authority area. The most recent EPC inspection was December 2024, where the current energy rating was C, and the potential energy rating was C.

2 LOVAGE APPROACH Sold Prices

Land registry data shows two sales for 2 LOVAGE APPROACH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newham local authority area for the corresponding sale date. Both of the two 2 LOVAGE APPROACH 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
2003 13 OCT	£310,000	£323,966	4% below HPI
1997 27 JUN	£107,000	£115,425	7% below HPI

2 LOVAGE APPROACH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newham local authority area over time, sourced from the HPI. The two 2 LOVAGE APPROACH sales from June 1997 and October 2003 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 June 1997 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2003 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 LOVAGE APPROACH be worth now?

2 LOVAGE APPROACH might now be worth an estimated £704,847.

This is based on house price inflation of 127.4%, between October 2003 and February 2025, for detached houses, in the Newham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 127.4% inflationary increase is applied to the most recent sale price for 2 LOVAGE APPROACH of £310,000 on 13th October 2003. For the value to have increased from £310,000 to £704,847 over the 22 years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 LOVAGE APPROACH has moved in line with the HPI for detached houses in the Newham local authority area.
• The October 2003 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LOVAGE APPROACH has not materially changed since October 2003.

How Large is 2 LOVAGE APPROACH?

2 LOVAGE APPROACH is 144m² according to the EPC inspection conducted in December 2024. This puts it in the largest 50% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 2 LOVAGE APPROACH lies on this distribution: 50% of detached houses houses are smaller than 2 LOVAGE APPROACH, and 50% of houses are larger. Note that EPC data is not available for all properties in London.

2 LOVAGE APPROACH: Plot and Title Map

2 LOVAGE APPROACH sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 2 LOVAGE APPROACH, 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 LOVAGE APPROACH). 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 LOVAGE APPROACH?

2 LOVAGE APPROACH is located in LONDON, in the E6 postcode district. The below map shows the position of No. 2 on LOVAGE APPROACH.