51, NEWLANDS ROAD, WOODFORD GREEN, IG8 0RS - £1,075,000

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

51 NEWLANDS ROAD is a midsized extended detached house of 156m², built sometime between 1950 and 1966. It was last sold for £1,075,000 in February 2022, which was around 9% above the average February 2022 detached price in the Redbridge local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

51 NEWLANDS ROAD Sold Prices

Land registry data shows three sales for 51 NEWLANDS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. Two of the three 51 NEWLANDS ROAD sales were for above the average price, whilst one was 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
2022 25 FEB	£1,075,000	£986,145	9% above HPI
2017 30 AUG	£790,000	£837,463	6% below HPI
2007 26 JUN	£533,000	£513,069	4% above HPI

51 NEWLANDS 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 three 51 NEWLANDS ROAD sales between June 2007 and February 2022 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 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 51 NEWLANDS ROAD?

51 NEWLANDS ROAD is 156m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 50% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 51 NEWLANDS ROAD lies on this distribution: 49% of detached houses are smaller than 51 NEWLANDS ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Woodford.

51 NEWLANDS ROAD: Plot and Title Map

51 NEWLANDS ROAD sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 51 NEWLANDS 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 51 NEWLANDS 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 51 NEWLANDS ROAD?

51 NEWLANDS ROAD is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 51 on NEWLANDS ROAD.