5, MONKHAMS LANE, WOODFORD GREEN, IG8 0NJ - £780,000

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

5 MONKHAMS LANE is a very large extended detached house of 227m², built sometime between 1930 and 1949. It was last sold for £780,000 in September 2012, which was around 40% above the average September 2012 detached price in the Redbridge local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

5 MONKHAMS LANE Sold Prices

Land registry data shows two sales for 5 MONKHAMS LANE 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 5 MONKHAMS LANE 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
2012 21 SEP	£780,000	£559,080	40% above HPI
2005 18 AUG	£576,000	£440,497	31% above HPI

5 MONKHAMS LANE 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 5 MONKHAMS LANE sales from August 2005 and September 2012 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 2005 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2012 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 5 MONKHAMS LANE?

5 MONKHAMS LANE is 227m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the largest 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 MONKHAMS LANE lies on this distribution: 83% of detached houses are smaller than 5 MONKHAMS LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Woodford.

5 MONKHAMS LANE: Plot and Title Map

5 MONKHAMS LANE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 5 MONKHAMS LANE, 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 MONKHAMS LANE). 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 MONKHAMS LANE?

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