7, LAUREL WAY, LONDON, E18 2UA - £595,000

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

7 LAUREL WAY is a midsized detached house of 154m², built sometime between 1983 and 1990. It was last sold for £595,000 in February 2005, which was around 36% above the average February 2005 detached price in the Redbridge local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

7 LAUREL WAY Sold Prices

Land registry data shows two sales for 7 LAUREL WAY 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 7 LAUREL WAY sales were for above 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
2005 15 FEB	£595,000	£438,468	36% above HPI
1995 10 JUL	£201,000	£154,355	30% above HPI

7 LAUREL WAY 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 7 LAUREL WAY sales from July 1995 and February 2005 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 July 1995 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2005 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 7 LAUREL WAY?

7 LAUREL WAY is 154m² according to the EPC inspection conducted in July 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 7 LAUREL WAY lies on this distribution: 56% of detached houses are smaller than 7 LAUREL WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in London.

7 LAUREL WAY: Plot and Title Map

7 LAUREL WAY sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 7 LAUREL WAY, 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 7 LAUREL WAY). 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 7 LAUREL WAY?

7 LAUREL WAY is located in LONDON, in the E18 postcode district. The below map shows the position of No. 7 on LAUREL WAY.