9, REDSTART CLOSE, LONDON, E6 5XB - £465,000

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

9 REDSTART CLOSE is a very small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £465,000 in October 2017, which was around 25% below the average October 2017 detached price in the Newham local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

9 REDSTART CLOSE Sold Prices

Land registry data shows two sales for 9 REDSTART CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newham local authority area for the corresponding sale date. Both of the two 9 REDSTART CLOSE 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
2017 6 OCT	£465,000	£616,956	25% below HPI
2004 6 AUG	£323,000	£327,454	1% below HPI

9 REDSTART CLOSE 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 two 9 REDSTART CLOSE sales from August 2004 and October 2017 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 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 9 REDSTART CLOSE?

9 REDSTART CLOSE is 94m² according to the EPC inspection conducted in April 2017. 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 9 REDSTART CLOSE lies on this distribution: 16% of detached houses are smaller than 9 REDSTART CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in London.

9 REDSTART CLOSE: Plot and Title Map

9 REDSTART CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 9 REDSTART 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 REDSTART 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 REDSTART CLOSE?

9 REDSTART CLOSE is located in LONDON, in the E6 postcode district. The below map shows the position of No. 9 on REDSTART CLOSE.