28, PEEL PLACE, ILFORD, IG5 0PS - £595,000

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

28 PEEL PLACE is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £595,000 in October 2022, which was around 42% below the average October 2022 detached price in the Redbridge local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

28 PEEL PLACE Sold Prices

Land registry data shows two sales for 28 PEEL PLACE 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 28 PEEL PLACE sales were 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
2022 28 OCT	£595,000	£1,019,676	42% below HPI
1999 15 JAN	£164,995	£209,614	21% below HPI

28 PEEL PLACE 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 28 PEEL PLACE sales from January 1999 and October 2022 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 January 1999 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 28 PEEL PLACE?

28 PEEL PLACE is 86m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 28 PEEL PLACE lies on this distribution: 11% of detached houses are smaller than 28 PEEL PLACE, and 89% of houses are larger. Note that EPC data is not available for all properties in London.

28 PEEL PLACE: Plot and Title Map

28 PEEL PLACE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 28 PEEL PLACE, 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 PEEL PLACE). 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 PEEL PLACE?

28 PEEL PLACE is located in ILFORD, in the IG5 postcode district. The below map shows the position of No. 28 on PEEL PLACE.