78, HOLMWOOD ROAD, ILFORD, IG3 9YA - £355,000

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

78 HOLMWOOD ROAD is a very small extended detached house of 87m², built sometime between 1930 and 1949. It was last sold for £355,000 in August 2011, which was around 35% below the average August 2011 detached price in the Redbridge local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

78 HOLMWOOD ROAD Sold Prices

Land registry data shows two sales for 78 HOLMWOOD ROAD 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 78 HOLMWOOD ROAD 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
2011 19 AUG	£355,000	£543,580	35% below HPI
2002 2 JAN	£200,000	£332,859	40% below HPI

78 HOLMWOOD ROAD 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 78 HOLMWOOD ROAD sales from January 2002 and August 2011 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 January 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2011 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 78 HOLMWOOD ROAD?

78 HOLMWOOD ROAD is 87m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 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 78 HOLMWOOD ROAD lies on this distribution: 12% of detached houses are smaller than 78 HOLMWOOD ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in London.

78 HOLMWOOD ROAD: Plot and Title Map

78 HOLMWOOD ROAD sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 78 HOLMWOOD ROAD, 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 78 HOLMWOOD ROAD). 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 78 HOLMWOOD ROAD?

78 HOLMWOOD ROAD is located in ILFORD, in the IG3 postcode district. The below map shows the position of No. 78 on HOLMWOOD ROAD.