25, PARKWAY, ILFORD, IG3 9HS - £775,000

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

25 PARKWAY is a very large extended detached house of 298m², built sometime between 1930 and 1949. It was last sold for £775,000 in September 2002, which was around 103% above the average September 2002 detached price in the Redbridge local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

25 PARKWAY Sold Prices

Land registry data shows two sales for 25 PARKWAY 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 25 PARKWAY 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
2002 23 SEP	£775,000	£382,061	103% above HPI
1998 28 MAY	£305,000	£200,308	52% above HPI

25 PARKWAY 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 25 PARKWAY sales from May 1998 and September 2002 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 May 1998 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the September 2002 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is 25 PARKWAY?

25 PARKWAY is 298m², which includes four extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 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 25 PARKWAY lies on this distribution: 91% of detached houses are smaller than 25 PARKWAY, and 9% of houses are larger. Note that EPC data is not available for all properties in London.

25 PARKWAY: Plot and Title Map

25 PARKWAY sits on a plot of roughly 0.574 of an acre, or 2,324m². The below map shows the location of 25 PARKWAY, 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 PARKWAY). 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 25 PARKWAY?

25 PARKWAY is located in ILFORD, in the IG3 postcode district. The below map shows the position of No. 25 on PARKWAY.