THE LOCK HOUSE, OLD FORD ROAD, LONDON, E3 5SX - £1,112,500

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

THE LOCK HOUSE is a very small extended detached house of 55m², built sometime before 1900. It was last sold for £1,112,500 in November 2021, which was around 23% above the average November 2021 detached price in the Tower Hamlets local authority area. The most recent EPC inspection was July 2024, where the current energy rating was G, and the potential energy rating was E.

THE LOCK HOUSE Sold Prices

Land registry data shows three sales for THE LOCK 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 Tower Hamlets local authority area for the corresponding sale date. All of the three THE LOCK HOUSE sales were for above 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
2021 12 NOV	£1,112,500	£906,512	23% above HPI
2017 16 JAN	£880,000	£734,844	20% above HPI
2013 9 APR	£500,000	£450,059	11% above HPI

THE LOCK HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tower Hamlets local authority area over time, sourced from the HPI. The three THE LOCK HOUSE sales between April 2013 and November 2021 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 2017 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is THE LOCK HOUSE?

THE LOCK HOUSE is 55m², which includes two extensions, according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses in Hackney, based on EPC data. The below chart shows the distribution of detached houses by size in Hackney, and where THE LOCK HOUSE lies on this distribution: 4% of detached houses are smaller than THE LOCK HOUSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hackney.

THE LOCK HOUSE: Plot and Title Map

THE LOCK HOUSE sits on a plot of roughly 0.026 of an acre, or 106m². The below map shows the location of THE LOCK 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 THE LOCK 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 THE LOCK HOUSE?

THE LOCK HOUSE is located on OLD FORD ROAD in LONDON, in the E3 postcode district. The below map shows the position of THE LOCK HOUSE on OLD FORD ROAD.