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
96A GOODMAYES LANE is a small extended detached house of 127m², built sometime between 1996 and 2002. It was last sold for £332,000 in December 2007, which was around 38% below the average December 2007 detached price in the Redbridge local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 96A GOODMAYES LANE 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 96A 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 |
---|---|---|---|
2007 7 DEC | £332,000 | £539,741 | 38% below HPI |
2002 10 MAY | £195,000 | £346,945 | 44% below HPI |
The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The two 96A GOODMAYES LANE sales from May 2002 and December 2007 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 2002 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2007 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
96A GOODMAYES LANE is 127m², which includes one extension, according to the EPC inspection conducted in September 2021. 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 96A GOODMAYES LANE lies on this distribution: 39% of detached houses are smaller than 96A GOODMAYES LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in London.
96A GOODMAYES LANE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 96A 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 96A 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.
96A GOODMAYES LANE is located in ILFORD, in the IG3 postcode district. The below map shows the position of No. 96A on GOODMAYES LANE.