PARK HOUSE, VALENTINES PARK, PERTH ROAD, ILFORD, IG2 6EA - £622,500

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

PARK HOUSE is a small detached house of 126m², built sometime between 1950 and 1966. It was last sold for £622,500 in June 2010, which was around 27% above the average June 2010 detached price in the Redbridge local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was B.

PARK HOUSE Sold Prices

Land registry data shows three sales for PARK HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. One of the three PARK HOUSE sales was for above the average price, whilst two 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
2010 30 JUN	£622,500	£491,226	27% above HPI
2001 4 MAY	£230,000	£297,736	23% below HPI
1997 18 AUG	£90,000	£183,705	51% below HPI

PARK HOUSE 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 three PARK HOUSE sales between August 1997 and June 2010 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 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2010 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is PARK HOUSE?

PARK HOUSE is 126m² according to the EPC inspection conducted in November 2012. 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 PARK HOUSE lies on this distribution: 38% of detached houses are smaller than PARK HOUSE, and 61% of houses are larger. Note that EPC data is not available for all properties in London.

PARK HOUSE: Plot and Title Map

PARK HOUSE sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of PARK HOUSE, 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 PARK HOUSE). 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 PARK HOUSE?

PARK HOUSE, VALENTINES PARK is located on PERTH ROAD in ILFORD, in the IG2 postcode district. The below map shows the position of PARK HOUSE, VALENTINES PARK on PERTH ROAD.