28, MONKHAMS LANE, WOODFORD GREEN, IG8 0NS - £845,000

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

28 MONKHAMS LANE is a large detached house of 177m², built sometime between 1900 and 1929. It was last sold for £845,000 in June 2011, which was around 61% above the average June 2011 detached price in the Redbridge local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was E.

28 MONKHAMS LANE Sold Prices

Land registry data shows three sales for 28 MONKHAMS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. All of the three 28 MONKHAMS LANE 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
2011 16 JUN	£845,000	£525,503	61% above HPI
2007 10 OCT	£950,000	£545,740	74% above HPI
2000 11 FEB	£407,500	£253,873	61% above HPI

28 MONKHAMS LANE 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 three 28 MONKHAMS LANE sales between February 2000 and June 2011 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 October 2007 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the June 2011 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 28 MONKHAMS LANE?

28 MONKHAMS LANE is 177m² according to the EPC inspection conducted in November 2010. This puts it in the largest 40% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 28 MONKHAMS LANE lies on this distribution: 62% of detached houses are smaller than 28 MONKHAMS LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Woodford.

28 MONKHAMS LANE: Plot and Title Map

28 MONKHAMS LANE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 28 MONKHAMS LANE, 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 28 MONKHAMS LANE). 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 28 MONKHAMS LANE?

28 MONKHAMS LANE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 28 on MONKHAMS LANE.