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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 MONKHAMS LANE is a large detached house of 177m², built sometime between 1900 and 1929, which could now be worth an estimated £1,672,951. It was last sold for £845,000 in June 2011, which was around 52% 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	£557,181	52% above HPI
2007 10 OCT	£950,000	£578,639	64% above HPI
2000 11 FEB	£407,500	£269,178	51% 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 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the June 2011 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 28 MONKHAMS LANE be worth now?

28 MONKHAMS LANE might now be worth an estimated £1,672,951.

This is based on house price inflation of 98%, between June 2011 and February 2025, for detached houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 98% inflationary increase is applied to the most recent sale price for 28 MONKHAMS LANE of £845,000 on 16th June 2011. For the value to have increased from £845,000 to £1,672,951 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of 28 MONKHAMS LANE has moved in line with the HPI for detached houses in the Redbridge local authority area.
• The June 2011 sale price of £845,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MONKHAMS LANE has not materially changed since June 2011.

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 houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodford, and where 28 MONKHAMS LANE lies on this distribution: 61% of detached houses houses are smaller than 28 MONKHAMS LANE, and 39% 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.