2, FLETCHER CLOSE, LONDON, E6 6FT - £516,000

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.

2 FLETCHER CLOSE is a very small extended detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £555,782. It was last sold for £516,000 in September 2020, which was around 24% below the average September 2020 detached price in the Newham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

2 FLETCHER CLOSE Sold Prices

Land registry data shows two sales for 2 FLETCHER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newham local authority area for the corresponding sale date. Both of the two 2 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
2020 25 SEP	£516,000	£680,309	24% below HPI
1996 4 MAR	£89,995	£108,900	17% below HPI

2 FLETCHER 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 two 2 FLETCHER CLOSE sales from March 1996 and September 2020 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 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 2 FLETCHER CLOSE be worth now?

2 FLETCHER CLOSE might now be worth an estimated £555,782.

This is based on house price inflation of 7.7%, between September 2020 and March 2025, 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 7.7% inflationary increase is applied to the most recent sale price for 2 FLETCHER CLOSE of £516,000 on 25th September 2020. For the value to have increased from £516,000 to £555,782 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 2 FLETCHER CLOSE has moved in line with the HPI for detached houses in the Newham local authority area.
• The September 2020 sale price of £516,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FLETCHER CLOSE has not materially changed since September 2020.

How Large is 2 FLETCHER CLOSE?

2 FLETCHER CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% 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 2 FLETCHER CLOSE lies on this distribution: 7% of detached houses houses are smaller than 2 FLETCHER CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

2 FLETCHER CLOSE: Plot and Title Map

2 FLETCHER CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 2 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 2 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 2 FLETCHER CLOSE?

2 FLETCHER CLOSE is located in LONDON, in the E6 postcode district. The below map shows the position of No. 2 on FLETCHER CLOSE.