53, PEEL PLACE, ILFORD, IG5 0PT - £497,000

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

53 PEEL PLACE is a very small extended detached house of 85m², built sometime between 1983 and 1990. It was last sold for £497,000 in April 2018, which was around 41% below the average April 2018 detached price in the Redbridge local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

53 PEEL PLACE Sold Prices

Land registry data shows two sales for 53 PEEL PLACE 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 53 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
2018 26 APR	£497,000	£845,964	41% below HPI
2017 1 DEC	£448,000	£857,665	48% below HPI

53 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 two 53 PEEL PLACE sales from December 2017 and April 2018 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 December 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the April 2018 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 53 PEEL PLACE?

53 PEEL PLACE is 85m², which includes one extension, according to the EPC inspection conducted in June 2017. 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 53 PEEL PLACE lies on this distribution: 10% of detached houses are smaller than 53 PEEL PLACE, and 89% of houses are larger. Note that EPC data is not available for all properties in London.

53 PEEL PLACE: Plot and Title Map

53 PEEL PLACE sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 53 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 53 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 53 PEEL PLACE?

53 PEEL PLACE is located in ILFORD, in the IG5 postcode district. The below map shows the position of No. 53 on PEEL PLACE.