12, WEAVER CLOSE, LONDON, E6 6FY - £275,000

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.

12 WEAVER CLOSE is a very small extended detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £598,127. It was last sold for £275,000 in July 2011, which was around 21% below the average July 2011 detached price in the Newham local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

12 WEAVER CLOSE Sold Prices

Land registry data shows three sales for 12 WEAVER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newham local authority area for the corresponding sale date. All of the three 12 WEAVER 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
2011 15 JUL	£275,000	£348,031	21% below HPI
2005 7 DEC	£250,000	£339,504	26% below HPI
1996 13 DEC	£91,000	£112,102	19% below HPI

12 WEAVER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newham local authority area over time, sourced from the HPI. The three 12 WEAVER CLOSE sales between December 1996 and July 2011 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 December 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2011 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 12 WEAVER CLOSE be worth now?

12 WEAVER CLOSE might now be worth an estimated £598,127.

This is based on house price inflation of 117.5%, between July 2011 and May 2026, for detached 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 117.5% inflationary increase is applied to the most recent sale price for 12 WEAVER CLOSE of £275,000 on 15th July 2011. For the value to have increased from £275,000 to £598,127 over the fifteen years and two months to May 2026, the following assumptions must hold true:

• The value of 12 WEAVER CLOSE has moved in line with the HPI for detached houses in the Newham local authority area.
• The July 2011 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WEAVER CLOSE has not materially changed since July 2011.

How Large is 12 WEAVER CLOSE?

12 WEAVER CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 12 WEAVER CLOSE lies on this distribution: 11% of detached houses houses are smaller than 12 WEAVER CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in London.

12 WEAVER CLOSE: Plot and Title Map

12 WEAVER CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 12 WEAVER 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 12 WEAVER 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 12 WEAVER CLOSE?

12 WEAVER CLOSE is located in LONDON, in the E6 postcode district. The below map shows the position of No. 12 on WEAVER CLOSE.