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
224A WANSTEAD PARK ROAD is a small extended detached house of 125m², built sometime between 1991 and 1995. It was last sold for £475,000 in April 2007, which was around 6% below the average April 2007 detached price in the Redbridge local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 224A WANSTEAD PARK ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. All of the four 224A WANSTEAD PARK 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 |
---|---|---|---|
2007 2 APR | £475,000 | £503,134 | 6% below HPI |
2001 28 FEB | £230,000 | £292,464 | 21% below HPI |
2000 24 JUL | £145,000 | £277,399 | 48% below HPI |
1997 16 JUL | £140,000 | £180,255 | 22% below HPI |
The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The four 224A WANSTEAD PARK ROAD sales between July 1997 and April 2007 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 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2007 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.
224A WANSTEAD PARK ROAD is 125m², which includes one extension, according to the EPC inspection conducted in July 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 224A WANSTEAD PARK ROAD lies on this distribution: 38% of detached houses are smaller than 224A WANSTEAD PARK ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in London.
224A WANSTEAD PARK ROAD sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 224A WANSTEAD PARK 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 224A WANSTEAD PARK 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.
224A WANSTEAD PARK ROAD is located in ILFORD, in the IG1 postcode district. The below map shows the position of No. 224A on WANSTEAD PARK ROAD.