1, FOREST APPROACH, WOODFORD GREEN, IG8 9BW - £920,000

1 FOREST APPROACH is a small extended detached house of 137m², built sometime between 1930 and 1949. It was last sold for £920,000 in April 2022, which was around 11% below the average April 2022 detached price in the Redbridge local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was D.

1 FOREST APPROACH Sold Prices

Land registry data shows two sales for 1 FOREST APPROACH 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. One of the two 1 FOREST APPROACH sales was for below the average price, whilst the other was roughly equal to 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
2022 8 APR	£920,000	£1,031,194	11% below HPI
2007 14 SEP	£545,000	£543,351	Close to HPI

1 FOREST APPROACH 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 1 FOREST APPROACH sales from September 2007 and April 2022 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 September 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 FOREST APPROACH?

1 FOREST APPROACH is 137m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 1 FOREST APPROACH lies on this distribution: 35% of detached houses are smaller than 1 FOREST APPROACH, and 65% of houses are larger. Note that EPC data is not available for all properties in Woodford.

1 FOREST APPROACH: Plot and Title Map

1 FOREST APPROACH sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 1 FOREST APPROACH, 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 FOREST APPROACH). 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 FOREST APPROACH?

1 FOREST APPROACH is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 1 on FOREST APPROACH.