96, GOODMAYES LANE, ILFORD, IG3 9QA - £210,000

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

96 GOODMAYES LANE is a very small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £210,000 in October 2002, which was around 46% below the average October 2002 detached price in the Redbridge local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

96 GOODMAYES LANE Sold Prices

Land registry data shows two sales for 96 GOODMAYES LANE since 1^st 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 96 GOODMAYES 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
2002 29 OCT	£210,000	£386,927	46% below HPI
1997 28 FEB	£50,000	£169,435	70% below HPI

96 GOODMAYES 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 two 96 GOODMAYES LANE sales from February 1997 and October 2002 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 1997 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the October 2002 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 96 GOODMAYES LANE?

96 GOODMAYES LANE is 89m² according to the EPC inspection conducted in February 2021. 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 96 GOODMAYES LANE lies on this distribution: 13% of detached houses are smaller than 96 GOODMAYES LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in London.

96 GOODMAYES LANE: Plot and Title Map

96 GOODMAYES LANE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 96 GOODMAYES 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 96 GOODMAYES 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 96 GOODMAYES LANE?

96 GOODMAYES LANE is located in ILFORD, in the IG3 postcode district. The below map shows the position of No. 96 on GOODMAYES LANE.