7, WOODLAND WAY, WOODFORD GREEN, IG8 0QG - £1,760,000

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 WOODLAND WAY is a very large extended detached house of 274m², built sometime between 1930 and 1949. It was last sold for £1,760,000 in January 2022, which was around 79% above the average January 2022 detached price in the Redbridge local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

7 WOODLAND WAY Sold Prices

Land registry data shows two sales for 7 WOODLAND 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 WOODLAND 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
2022 13 JAN	£1,760,000	£982,313	79% above HPI
1996 20 FEB	£270,000	£157,700	71% above HPI

7 WOODLAND 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 WOODLAND WAY sales from February 1996 and January 2022 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 1996 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the January 2022 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is 7 WOODLAND WAY?

7 WOODLAND WAY is 274m², which includes three extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 7 WOODLAND WAY lies on this distribution: 92% of detached houses are smaller than 7 WOODLAND WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Woodford.

7 WOODLAND WAY: Plot and Title Map

7 WOODLAND WAY sits on a plot of roughly 0.209 of an acre, or 845m². The below map shows the location of 7 WOODLAND 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 WOODLAND 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 WOODLAND WAY?

7 WOODLAND WAY is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 7 on WOODLAND WAY.