57, UNDERWOOD ROAD, WOODFORD GREEN, IG8 7LD - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

57 UNDERWOOD ROAD is a very small semi-detached house of 49m², built sometime between 1983 and 1990, which could now be worth an estimated £464,222. It was last sold for £280,000 in October 2014, which was around 33% below the average October 2014 semi-detached price in the Redbridge local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

57 UNDERWOOD ROAD Sold Prices

Land registry data shows four sales for 57 UNDERWOOD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Redbridge local authority area for the corresponding sale date. All of the four 57 UNDERWOOD ROAD 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
2014 31 OCT	£280,000	£415,875	33% below HPI
2008 9 MAY	£218,000	£343,771	37% below HPI
2005 4 NOV	£187,000	£286,357	35% below HPI
2003 1 SEP	£158,500	£269,177	41% below HPI

57 UNDERWOOD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redbridge local authority area over time, sourced from the HPI. The four 57 UNDERWOOD ROAD sales between September 2003 and October 2014 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 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2014 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 57 UNDERWOOD ROAD be worth now?

57 UNDERWOOD ROAD might now be worth an estimated £464,222.

This is based on house price inflation of 65.8%, between October 2014 and February 2025, for semi-detached houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.8% inflationary increase is applied to the most recent sale price for 57 UNDERWOOD ROAD of £280,000 on 31st October 2014. For the value to have increased from £280,000 to £464,222 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 57 UNDERWOOD ROAD has moved in line with the HPI for semi-detached houses in the Redbridge local authority area.
• The October 2014 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 57 UNDERWOOD ROAD has not materially changed since October 2014.

How Large is 57 UNDERWOOD ROAD?

57 UNDERWOOD ROAD is 49m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of semi-detached houses houses in Woodford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Woodford, and where 57 UNDERWOOD ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 57 UNDERWOOD ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Woodford.

57 UNDERWOOD ROAD: Plot and Title Map

57 UNDERWOOD ROAD sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 57 UNDERWOOD 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 57 UNDERWOOD 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 57 UNDERWOOD ROAD?

57 UNDERWOOD ROAD is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 57 on UNDERWOOD ROAD.