2A, SIBLEY GROVE, LONDON, E12 6SE - £472,000

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.

2A SIBLEY GROVE is a very small detached house of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £506,587. It was last sold for £472,000 in February 2020, which was around 31% below the average February 2020 detached price in the Newham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

2A SIBLEY GROVE Sold Prices

Land registry data shows two sales for 2A SIBLEY GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newham local authority area for the corresponding sale date. Both of the two 2A SIBLEY GROVE 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
2020 21 FEB	£472,000	£686,310	31% below HPI
2011 7 DEC	£225,000	£358,363	37% below HPI

2A SIBLEY GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newham local authority area over time, sourced from the HPI. The two 2A SIBLEY GROVE sales from December 2011 and February 2020 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 December 2011 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2A SIBLEY GROVE be worth now?

2A SIBLEY GROVE might now be worth an estimated £506,587.

This is based on house price inflation of 7.3%, between February 2020 and February 2025, for detached houses, in the Newham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.3% inflationary increase is applied to the most recent sale price for 2A SIBLEY GROVE of £472,000 on 21st February 2020. For the value to have increased from £472,000 to £506,587 over the five years to February 2025, the following assumptions must hold true:

• The value of 2A SIBLEY GROVE has moved in line with the HPI for detached houses in the Newham local authority area.
• The February 2020 sale price of £472,000 represented a fair market value for the property.
• The size, condition, and specification of 2A SIBLEY GROVE has not materially changed since February 2020.

How Large is 2A SIBLEY GROVE?

2A SIBLEY GROVE is 82m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 2A SIBLEY GROVE lies on this distribution: 8% of detached houses houses are smaller than 2A SIBLEY GROVE, and 91% of houses are larger. Note that EPC data is not available for all properties in London.

2A SIBLEY GROVE: Plot and Title Map

2A SIBLEY GROVE sits on a plot of roughly 0.020 of an acre, or 79m². The below map shows the location of 2A SIBLEY GROVE, 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 2A SIBLEY GROVE). 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 2A SIBLEY GROVE?

2A SIBLEY GROVE is located in LONDON, in the E12 postcode district. The below map shows the position of No. 2A on SIBLEY GROVE.