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
4 LAUREL WAY is a large detached house of 193m², built sometime between 2003 and 2006. It was last sold for £835,000 in February 2014, which was around 40% above the average February 2014 detached price in the Redbridge local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 4 LAUREL WAY since 1st 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 4 LAUREL WAY 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 |
---|---|---|---|
2014 21 FEB | £835,000 | £598,442 | 40% above HPI |
1997 24 MAR | £200,000 | £169,855 | 18% above HPI |
The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The two 4 LAUREL WAY sales from March 1997 and February 2014 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 March 1997 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2014 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.
4 LAUREL WAY is 193m² according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 4 LAUREL WAY lies on this distribution: 73% of detached houses are smaller than 4 LAUREL WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in London.
4 LAUREL WAY sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 4 LAUREL WAY, 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 4 LAUREL WAY). 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.
4 LAUREL WAY is located in LONDON, in the E18 postcode district. The below map shows the position of No. 4 on LAUREL WAY.