47, PEEL PLACE, ILFORD, IG5 0PT - £480,000

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

47 PEEL PLACE is a very small detached house of 98m², built sometime between 1967 and 1975. It was last sold for £480,000 in April 2017, which was around 42% below the average April 2017 detached price in the Redbridge local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

47 PEEL PLACE Sold Prices

Land registry data shows four sales for 47 PEEL PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. All of the four 47 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
2017 13 APR	£480,000	£820,566	42% below HPI
2015 30 MAR	£382,500	£671,868	43% below HPI
2004 6 JUL	£230,000	£438,203	48% below HPI
2001 28 JUN	£212,500	£302,842	30% below HPI

47 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 four 47 PEEL PLACE sales between June 2001 and April 2017 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 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the April 2017 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 47 PEEL PLACE?

47 PEEL PLACE is 98m² according to the EPC inspection conducted in April 2014. 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 47 PEEL PLACE lies on this distribution: 18% of detached houses are smaller than 47 PEEL PLACE, and 81% of houses are larger. Note that EPC data is not available for all properties in London.

47 PEEL PLACE: Plot and Title Map

47 PEEL PLACE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 47 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 47 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 47 PEEL PLACE?

47 PEEL PLACE is located in ILFORD, in the IG5 postcode district. The below map shows the position of No. 47 on PEEL PLACE.