8, SEARLES DRIVE, LONDON, E6 6NE - £262,000

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 SEARLES DRIVE is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £262,000 in August 2007, which was around 31% below the average August 2007 detached price in the Newham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

8 SEARLES DRIVE Sold Prices

Land registry data shows three sales for 8 SEARLES DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newham local authority area for the corresponding sale date. All of the three 8 SEARLES DRIVE 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
2007 24 AUG	£262,000	£382,007	31% below HPI
2001 6 FEB	£130,000	£189,714	31% below HPI
2000 10 FEB	£108,995	£158,100	31% below HPI

8 SEARLES DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newham local authority area over time, sourced from the HPI. The three 8 SEARLES DRIVE sales between February 2000 and August 2007 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 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2007 sale, which was also at 31% below the HPI.

How Large is 8 SEARLES DRIVE?

8 SEARLES DRIVE is 73m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% 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 SEARLES DRIVE lies on this distribution: 5% of detached houses are smaller than 8 SEARLES DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in London.

8 SEARLES DRIVE: Plot and Title Map

8 SEARLES DRIVE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 8 SEARLES DRIVE, 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 SEARLES DRIVE). 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 SEARLES DRIVE?

8 SEARLES DRIVE is located in LONDON, in the E6 postcode district. The below map shows the position of No. 8 on SEARLES DRIVE.