77, WATER LANE, ILFORD, IG3 9HW - £850,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

77 WATER LANE is a very large extended detached house of 232m², built sometime between 1900 and 1929. It was last sold for £850,000 in August 2023, which was around 16% below the average August 2023 detached price in the Redbridge local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

77 WATER LANE Sold Prices

Land registry data shows three sales for 77 WATER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. One of the three 77 WATER LANE sales was for below the average price, whilst two 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
2023 4 AUG	£850,000	£1,006,433	16% below HPI
2005 28 SEP	£480,000	£446,912	7% above HPI
2001 15 JUN	£310,000	£302,842	2% above HPI

77 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 three 77 WATER LANE sales between June 2001 and August 2023 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 September 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 77 WATER LANE?

77 WATER LANE is 232m², which includes three extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 77 WATER LANE lies on this distribution: 82% of detached houses are smaller than 77 WATER LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in London.

77 WATER LANE: Plot and Title Map

77 WATER LANE sits on a plot of roughly 0.274 of an acre, or 1,107m². The below map shows the location of 77 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 77 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 77 WATER LANE?

77 WATER LANE is located in ILFORD, in the IG3 postcode district. The below map shows the position of No. 77 on WATER LANE.