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
9 LAUREL WAY is a very large extended detached house of 305m², built sometime between 1991 and 1995. It was last sold for £299,995 in November 1999, which was around 23% above the average November 1999 detached price in the Redbridge local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 9 LAUREL WAY since 1st 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 9 LAUREL WAY 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 |
---|---|---|---|
1999 17 NOV | £299,995 | £243,927 | 23% above HPI |
1997 12 NOV | £225,000 | £192,481 | 17% above HPI |
The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The two 9 LAUREL WAY sales from November 1997 and November 1999 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 November 1997 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 1999 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.
9 LAUREL WAY is 305m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 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 9 LAUREL WAY lies on this distribution: 92% of detached houses are smaller than 9 LAUREL WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in London.
9 LAUREL WAY sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 9 LAUREL WAY, 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 LAUREL WAY). 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.
9 LAUREL WAY is located in LONDON, in the E18 postcode district. The below map shows the position of No. 9 on LAUREL WAY.