1, BAY TREE CLOSE, ILFORD, IG6 2AP - £362,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 BAY TREE CLOSE is a very small terraced house of 73m², built sometime between 2003 and 2006, which could now be worth an estimated £810,040. It was last sold for £362,000 in May 2010, which was around 45% above the average May 2010 terraced price in the Redbridge local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

1 BAY TREE CLOSE Sold Prices

Land registry data shows four sales for 1 BAY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Redbridge local authority area for the corresponding sale date. All of the four 1 BAY TREE CLOSE 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
2010 21 MAY	£362,000	£248,979	45% above HPI
2008 10 MAR	£310,000	£278,330	11% above HPI
2003 13 MAR	£289,995	£196,354	48% above HPI
2002 13 DEC	£239,950	£186,857	28% above HPI

1 BAY TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Redbridge local authority area over time, sourced from the HPI. The four 1 BAY TREE CLOSE sales between December 2002 and May 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 March 2008 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2010 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 1 BAY TREE CLOSE be worth now?

1 BAY TREE CLOSE might now be worth an estimated £810,040.

This is based on house price inflation of 123.8%, between May 2010 and April 2026, for terraced houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 123.8% inflationary increase is applied to the most recent sale price for 1 BAY TREE CLOSE of £362,000 on 21st May 2010. For the value to have increased from £362,000 to £810,040 over the sixteen years and one month to April 2026, the following assumptions must hold true:

• The value of 1 BAY TREE CLOSE has moved in line with the HPI for terraced houses in the Redbridge local authority area.
• The May 2010 sale price of £362,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BAY TREE CLOSE has not materially changed since May 2010.

How Large is 1 BAY TREE CLOSE?

1 BAY TREE CLOSE is 73m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 1 BAY TREE CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 1 BAY TREE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in London.

1 BAY TREE CLOSE: Plot and Title Map

1 BAY TREE CLOSE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 1 BAY TREE CLOSE, 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 1 BAY TREE CLOSE). 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 1 BAY TREE CLOSE?

1 BAY TREE CLOSE is located in ILFORD, in the IG6 postcode district. The below map shows the position of No. 1 on BAY TREE CLOSE.