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
25 NEWLANDS ROAD is a small extended detached house of 117m², built sometime between 1930 and 1949. It was last sold for £645,000 in May 2014, which was around 7% above the average May 2014 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.
Land registry data shows two sales for 25 NEWLANDS 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. One of the two 25 NEWLANDS ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2014 30 MAY | £645,000 | £601,649 | 7% above HPI |
2004 4 JUN | £429,995 | £436,811 | 2% 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 25 NEWLANDS ROAD sales from June 2004 and May 2014 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 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2014 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
25 NEWLANDS ROAD is 117m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 30% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 25 NEWLANDS ROAD lies on this distribution: 21% of detached houses are smaller than 25 NEWLANDS ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Woodford.
25 NEWLANDS ROAD sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 25 NEWLANDS 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 25 NEWLANDS 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.
25 NEWLANDS ROAD is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 25 on NEWLANDS ROAD.