10, FLETCHER CLOSE, LONDON, E6 6FT - £335,000

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.

10 FLETCHER CLOSE is a very small terraced house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £375,549. It was last sold for £335,000 in July 2018, which was around 18% below the average July 2018 terraced price in the Newham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

10 FLETCHER CLOSE Sold Prices

Land registry data shows six sales for 10 FLETCHER CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Newham local authority area for the corresponding sale date. Most of the six 10 FLETCHER CLOSE 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
2018 23 JUL	£335,000	£410,917	18% below HPI
2014 31 JUL	£276,000	£291,299	5% below HPI
2008 6 MAR	£240,000	£247,384	3% below HPI
2005 7 DEC	£185,500	£210,177	12% below HPI
2000 8 JUL	£70,000	£101,429	31% below HPI
1995 6 FEB	£57,475	£56,621	2% above HPI

10 FLETCHER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Newham local authority area over time, sourced from the HPI. The six 10 FLETCHER CLOSE sales between February 1995 and July 2018 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 July 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 10 FLETCHER CLOSE be worth now?

10 FLETCHER CLOSE might now be worth an estimated £375,549.

This is based on house price inflation of 12.1%, between July 2018 and April 2026, for terraced houses, in the Newham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.1% inflationary increase is applied to the most recent sale price for 10 FLETCHER CLOSE of £335,000 on 23rd July 2018. For the value to have increased from £335,000 to £375,549 over the eight years and three months to April 2026, the following assumptions must hold true:

• The value of 10 FLETCHER CLOSE has moved in line with the HPI for terraced houses in the Newham local authority area.
• The July 2018 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 10 FLETCHER CLOSE has not materially changed since July 2018.

How Large is 10 FLETCHER CLOSE?

10 FLETCHER CLOSE is 53m² according to the EPC inspection conducted in April 2018. 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 10 FLETCHER CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 10 FLETCHER CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in London.

10 FLETCHER CLOSE: Plot and Title Map

10 FLETCHER CLOSE sits on a plot of roughly 0.026 of an acre, or 106m². The below map shows the location of 10 FLETCHER 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 10 FLETCHER 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 10 FLETCHER CLOSE?

10 FLETCHER CLOSE is located in LONDON, in the E6 postcode district. The below map shows the position of No. 10 on FLETCHER CLOSE.