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

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

27 PARKWAY is a large extended detached house of 171m², built sometime between 1930 and 1949. It was last sold for £775,000 in December 2014, which was around 15% above the average December 2014 detached price in the Redbridge local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

27 PARKWAY Sold Prices

Land registry data shows two sales for 27 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 27 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
2014 17 DEC	£775,000	£671,716	15% above HPI
1997 30 MAY	£240,000	£172,706	39% above HPI

27 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 27 PARKWAY sales from May 1997 and December 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 May 1997 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the December 2014 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 27 PARKWAY?

27 PARKWAY is 171m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 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 27 PARKWAY lies on this distribution: 64% of detached houses are smaller than 27 PARKWAY, and 36% of houses are larger. Note that EPC data is not available for all properties in London.

27 PARKWAY: Plot and Title Map

27 PARKWAY sits on a plot of roughly 0.289 of an acre, or 1,170m². The below map shows the location of 27 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 27 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 27 PARKWAY?

27 PARKWAY is located in ILFORD, in the IG3 postcode district. The below map shows the position of No. 27 on PARKWAY.