55, PEEL PLACE, ILFORD, IG5 0PT - £465,000

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

55 PEEL PLACE is a very small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £465,000 in July 2019, which was around 46% below the average July 2019 detached price in the Redbridge local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

55 PEEL PLACE Sold Prices

Land registry data shows two sales for 55 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 55 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
2019 22 JUL	£465,000	£856,650	46% below HPI
1997 30 MAY	£122,000	£172,706	29% below HPI

55 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 55 PEEL PLACE sales from May 1997 and July 2019 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 May 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2019 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 55 PEEL PLACE?

55 PEEL PLACE is 85m² according to the EPC inspection conducted in April 2019. 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 55 PEEL PLACE lies on this distribution: 10% of detached houses are smaller than 55 PEEL PLACE, and 89% of houses are larger. Note that EPC data is not available for all properties in London.

55 PEEL PLACE: Plot and Title Map

55 PEEL PLACE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 55 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 55 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 55 PEEL PLACE?

55 PEEL PLACE is located in ILFORD, in the IG5 postcode district. The below map shows the position of No. 55 on PEEL PLACE.