2, GREAT FLEETE WAY, BARKING, IG11 0XE - £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.

2 GREAT FLEETE WAY is a very small terraced house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £397,538. It was last sold for £275,000 in November 2015, which was around 2% above the average November 2015 terraced price in the Barking and Dagenham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

2 GREAT FLEETE WAY Sold Prices

Land registry data shows two sales for 2 GREAT FLEETE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Barking and Dagenham local authority area for the corresponding sale date. Both of the two 2 GREAT FLEETE WAY sales were for above 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
2015 30 NOV	£275,000	£268,733	2% above HPI
1998 30 JAN	£86,500	£61,455	41% above HPI

2 GREAT FLEETE WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Barking and Dagenham local authority area over time, sourced from the HPI. The two 2 GREAT FLEETE WAY sales from January 1998 and November 2015 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 January 1998 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the November 2015 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 GREAT FLEETE WAY be worth now?

2 GREAT FLEETE WAY might now be worth an estimated £397,538.

This is based on house price inflation of 44.6%, between November 2015 and June 2025, for terraced houses, in the Barking and Dagenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.6% inflationary increase is applied to the most recent sale price for 2 GREAT FLEETE WAY of £275,000 on 30th November 2015. For the value to have increased from £275,000 to £397,538 over the ten years and five months to June 2025, the following assumptions must hold true:

• The value of 2 GREAT FLEETE WAY has moved in line with the HPI for terraced houses in the Barking and Dagenham local authority area.
• The November 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GREAT FLEETE WAY has not materially changed since November 2015.

How Large is 2 GREAT FLEETE WAY?

2 GREAT FLEETE WAY is 73m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of terraced houses houses in Barking, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Barking, and where 2 GREAT FLEETE WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 2 GREAT FLEETE WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Barking.

2 GREAT FLEETE WAY: Plot and Title Map

2 GREAT FLEETE WAY sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 2 GREAT FLEETE 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 2 GREAT FLEETE 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 2 GREAT FLEETE WAY?

2 GREAT FLEETE WAY is located in BARKING, in the IG11 postcode district. The below map shows the position of No. 2 on GREAT FLEETE WAY.