73, WATER LANE, ILFORD, IG3 9HW - £759,995

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

73 WATER LANE is a large extended detached house of 178m², built sometime between 1930 and 1949. It was last sold for £759,995 in December 2017, which was around 11% below the average December 2017 detached price in the Redbridge local authority area. The most recent EPC inspection was May 2013, where the current energy rating was F, and the potential energy rating was D.

73 WATER LANE Sold Prices

Land registry data shows two sales for 73 WATER 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. One of the two 73 WATER LANE sales was for below the average price, whilst the other was 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
2017 12 DEC	£759,995	£857,665	11% below HPI
1998 1 JUL	£217,000	£206,029	5% above HPI

73 WATER 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 73 WATER LANE sales from July 1998 and December 2017 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 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 73 WATER LANE?

73 WATER LANE is 178m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 73 WATER LANE lies on this distribution: 67% of detached houses are smaller than 73 WATER LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in London.

73 WATER LANE: Plot and Title Map

73 WATER LANE sits on a plot of roughly 0.248 of an acre, or 1,002m². The below map shows the location of 73 WATER 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 73 WATER 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 73 WATER LANE?

73 WATER LANE is located in ILFORD, in the IG3 postcode district. The below map shows the position of No. 73 on WATER LANE.