40, LORD AVENUE, ILFORD, IG5 0HN - £1,260,000

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

40 LORD AVENUE is a very large extended detached house of 267m², built sometime between 1967 and 1975. It was last sold for £1,260,000 in June 2021, which was around 37% above the average June 2021 detached price in the Redbridge local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

40 LORD AVENUE Sold Prices

Land registry data shows two sales for 40 LORD AVENUE 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 40 LORD AVENUE 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
2021 30 JUN	£1,260,000	£921,517	37% above HPI
2003 15 SEP	£499,990	£429,588	16% above HPI

40 LORD AVENUE 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 40 LORD AVENUE sales from September 2003 and June 2021 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 September 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 40 LORD AVENUE?

40 LORD AVENUE is 267m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 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 40 LORD AVENUE lies on this distribution: 88% of detached houses are smaller than 40 LORD AVENUE, and 12% of houses are larger. Note that EPC data is not available for all properties in London.

40 LORD AVENUE: Plot and Title Map

40 LORD AVENUE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 40 LORD AVENUE, 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 40 LORD AVENUE). 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 40 LORD AVENUE?

40 LORD AVENUE is located in ILFORD, in the IG5 postcode district. The below map shows the position of No. 40 on LORD AVENUE.