9, HERMITAGE CLOSE, LONDON, E18 2BW - £1,125,000

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

9 HERMITAGE CLOSE is a midsized extended detached house of 138m², built sometime between 1930 and 1949. It was last sold for £1,125,000 in August 2021, which was around 20% above the average August 2021 detached price in the Redbridge local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was E.

9 HERMITAGE CLOSE Sold Prices

Land registry data shows three sales for 9 HERMITAGE 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. Two of the three 9 HERMITAGE CLOSE sales were for above the average price, whilst one was 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
2021 19 AUG	£1,125,000	£939,489	20% above HPI
2011 12 MAY	£705,000	£533,917	32% above HPI
1998 28 JAN	£183,000	£200,079	9% below HPI

9 HERMITAGE 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 9 HERMITAGE CLOSE sales between January 1998 and August 2021 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 May 2011 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 9 HERMITAGE CLOSE?

9 HERMITAGE CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 9 HERMITAGE CLOSE lies on this distribution: 46% of detached houses are smaller than 9 HERMITAGE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in London.

9 HERMITAGE CLOSE: Plot and Title Map

9 HERMITAGE CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 9 HERMITAGE 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 9 HERMITAGE 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 9 HERMITAGE CLOSE?

9 HERMITAGE CLOSE is located in LONDON, in the E18 postcode district. The below map shows the position of No. 9 on HERMITAGE CLOSE.