17, HOVETON WAY, ILFORD, IG6 2GP - £595,000

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.

17 HOVETON WAY is a midsized detached house of 151m², built sometime between 1996 and 2002, which could now be worth an estimated £1,012,572. It was last sold for £595,000 in May 2014, which was around 7% below the average May 2014 detached price in the Redbridge local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

17 HOVETON WAY Sold Prices

Land registry data shows two sales for 17 HOVETON WAY 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. Both of the two 17 HOVETON WAY 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
2014 28 MAY	£595,000	£637,918	7% below HPI
2002 28 NOV	£333,000	£415,107	20% below HPI

17 HOVETON WAY 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 17 HOVETON WAY sales from November 2002 and May 2014 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 November 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 17 HOVETON WAY be worth now?

17 HOVETON WAY might now be worth an estimated £1,012,572.

This is based on house price inflation of 70.2%, between May 2014 and March 2025, for detached 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 70.2% inflationary increase is applied to the most recent sale price for 17 HOVETON WAY of £595,000 on 28th May 2014. For the value to have increased from £595,000 to £1,012,572 over the eleven years and two months to March 2025, the following assumptions must hold true:

• The value of 17 HOVETON WAY has moved in line with the HPI for detached houses in the Redbridge local authority area.
• The May 2014 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 17 HOVETON WAY has not materially changed since May 2014.

How Large is 17 HOVETON WAY?

17 HOVETON WAY is 151m² according to the EPC inspection conducted in April 2014. This puts it in the largest 50% 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 17 HOVETON WAY lies on this distribution: 54% of detached houses houses are smaller than 17 HOVETON WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in London.

17 HOVETON WAY: Plot and Title Map

17 HOVETON WAY sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 17 HOVETON WAY, 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 17 HOVETON WAY). 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 17 HOVETON WAY?

17 HOVETON WAY is located in ILFORD, in the IG6 postcode district. The below map shows the position of No. 17 on HOVETON WAY.