8, FOREST CLOSE, LONDON, E11 1PY - £725,000

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

8 FOREST CLOSE is a large extended detached house of 198m², built sometime between 1930 and 1949. It was last sold for £725,000 in May 2009, which was around 63% above the average May 2009 detached price in the Redbridge local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

8 FOREST CLOSE Sold Prices

Land registry data shows three sales for 8 FOREST CLOSE 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. All of the three 8 FOREST CLOSE 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
2009 8 MAY	£725,000	£444,417	63% above HPI
2005 12 AUG	£499,995	£440,497	14% above HPI
1999 30 JUL	£275,000	£220,932	24% above HPI

8 FOREST CLOSE 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 8 FOREST CLOSE sales between July 1999 and May 2009 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 August 2005 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2009 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 8 FOREST CLOSE?

8 FOREST CLOSE is 198m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 8 FOREST CLOSE lies on this distribution: 74% of detached houses are smaller than 8 FOREST CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in London.

8 FOREST CLOSE: Plot and Title Map

8 FOREST CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 8 FOREST CLOSE, 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 8 FOREST CLOSE). 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 8 FOREST CLOSE?

8 FOREST CLOSE is located in LONDON, in the E11 postcode district. The below map shows the position of No. 8 on FOREST CLOSE.