55, NEWLANDS ROAD, WOODFORD GREEN, IG8 0RS - £850,000

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

55 NEWLANDS ROAD is a large extended detached house of 206m², built sometime between 1950 and 1966. It was last sold for £850,000 in July 2015, which was around 21% above the average July 2015 detached price in the Redbridge local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

55 NEWLANDS ROAD Sold Prices

Land registry data shows two sales for 55 NEWLANDS ROAD 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. One of the two 55 NEWLANDS ROAD sales was for above the average price, whilst the other 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
2015 31 JUL	£850,000	£701,766	21% above HPI
1999 26 FEB	£190,000	£211,485	10% below HPI

55 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 two 55 NEWLANDS ROAD sales from February 1999 and July 2015 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 February 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2015 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 55 NEWLANDS ROAD?

55 NEWLANDS ROAD is 206m², which includes four extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 30% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 55 NEWLANDS ROAD lies on this distribution: 75% of detached houses are smaller than 55 NEWLANDS ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Woodford.

55 NEWLANDS ROAD: Plot and Title Map

55 NEWLANDS ROAD sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 55 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 55 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 55 NEWLANDS ROAD?

55 NEWLANDS ROAD is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 55 on NEWLANDS ROAD.