38, PEEL ROAD, LONDON, E18 2LG - £625,000

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

38 PEEL ROAD is a very small detached house of 107m², built sometime between 1900 and 1929. It was last sold for £625,000 in January 2022, which was around 36% below the average January 2022 detached price in the Redbridge local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

38 PEEL ROAD Sold Prices

Land registry data shows two sales for 38 PEEL ROAD 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 38 PEEL ROAD 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 26 JAN	£625,000	£982,313	36% below HPI
2013 25 OCT	£427,840	£587,567	27% below HPI

38 PEEL ROAD 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 38 PEEL ROAD sales from October 2013 and January 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 October 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 38 PEEL ROAD?

38 PEEL ROAD is 107m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 38 PEEL ROAD lies on this distribution: 14% of detached houses are smaller than 38 PEEL ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Woodford.

38 PEEL ROAD: Plot and Title Map

38 PEEL ROAD sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 38 PEEL ROAD, 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 38 PEEL ROAD). 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 38 PEEL ROAD?

38 PEEL ROAD is located in LONDON, in the E18 postcode district. The below map shows the position of No. 38 on PEEL ROAD.