5, ELRINGTON ROAD, WOODFORD GREEN, IG8 0BW - £710,000

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

5 ELRINGTON ROAD is a very small detached house of 112m², built sometime between 1983 and 1990. It was last sold for £710,000 in July 2016, which was around 12% below the average July 2016 detached price in the Redbridge local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

5 ELRINGTON ROAD Sold Prices

Land registry data shows five sales for 5 ELRINGTON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. Most of the five 5 ELRINGTON 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
2016 1 JUL	£710,000	£804,519	12% below HPI
2007 31 AUG	£499,995	£535,876	7% below HPI
2003 8 APR	£365,000	£410,389	11% below HPI
1997 30 MAY	£174,000	£172,706	1% above HPI
1995 30 JUN	£155,000	£152,765	1% above HPI

5 ELRINGTON 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 five 5 ELRINGTON ROAD sales between June 1995 and July 2016 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 August 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 ELRINGTON ROAD?

5 ELRINGTON ROAD is 112m² according to the EPC inspection conducted in May 2015. 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 5 ELRINGTON ROAD lies on this distribution: 18% of detached houses are smaller than 5 ELRINGTON ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Woodford.

5 ELRINGTON ROAD: Plot and Title Map

5 ELRINGTON ROAD sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 5 ELRINGTON 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 5 ELRINGTON 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 5 ELRINGTON ROAD?

5 ELRINGTON ROAD is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 5 on ELRINGTON ROAD.