95, WATER LANE, ILFORD, IG3 9HT - £590,000

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

95 WATER LANE is a small extended detached house of 127m², built sometime between 1930 and 1949. It was last sold for £590,000 in February 2019, which was around 31% below the average February 2019 detached price in the Redbridge local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

95 WATER LANE Sold Prices

Land registry data shows four sales for 95 WATER LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. Most of the four 95 WATER LANE 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
2019 1 FEB	£590,000	£858,146	31% below HPI
2007 18 JAN	£500,000	£490,043	2% above HPI
2001 2 NOV	£275,000	£336,322	18% below HPI
1996 28 NOV	£125,000	£164,611	24% below HPI

95 WATER LANE 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 four 95 WATER LANE sales between November 1996 and February 2019 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 January 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 95 WATER LANE?

95 WATER LANE is 127m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 95 WATER LANE lies on this distribution: 39% of detached houses are smaller than 95 WATER LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in London.

95 WATER LANE: Plot and Title Map

95 WATER LANE sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of 95 WATER LANE, 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 95 WATER LANE). 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 95 WATER LANE?

95 WATER LANE is located in ILFORD, in the IG3 postcode district. The below map shows the position of No. 95 on WATER LANE.