628, GREEN LANE, ILFORD, IG3 9SD - £425,000

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

628 GREEN LANE is a midsized extended detached house of 160m², built sometime between 1900 and 1929. It was last sold for £425,000 in April 2018, which was around 50% below the average April 2018 detached price in the Redbridge local authority area. The most recent EPC inspection was January 2010, where the current energy rating was F, and the potential energy rating was D.

628 GREEN LANE Sold Prices

Land registry data shows two sales for 628 GREEN LANE 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 628 GREEN LANE 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 18 APR	£425,000	£845,964	50% below HPI
2010 10 JUN	£425,000	£491,226	13% below HPI

628 GREEN LANE 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 628 GREEN LANE sales from June 2010 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 June 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2018 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 628 GREEN LANE?

628 GREEN LANE is 160m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 628 GREEN LANE lies on this distribution: 59% of detached houses are smaller than 628 GREEN LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in London.

628 GREEN LANE: Plot and Title Map

628 GREEN LANE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 628 GREEN LANE, 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 628 GREEN LANE). 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 628 GREEN LANE?

628 GREEN LANE is located in ILFORD, in the IG3 postcode district. The below map shows the position of No. 628 on GREEN LANE.