3, FOREST CLOSE, WOODFORD GREEN, IG8 0QD - £800,000

3 FOREST CLOSE is a midsized extended detached house of 163m², built sometime between 1967 and 1975. It was last sold for £800,000 in May 2015, which was around 18% above the average May 2015 detached price in the Redbridge local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

3 FOREST CLOSE Sold Prices

Land registry data shows two sales for 3 FOREST 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 Redbridge local authority area for the corresponding sale date. Both of the two 3 FOREST CLOSE 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 11 MAY	£800,000	£675,190	18% above HPI
1998 10 NOV	£220,000	£210,879	4% above HPI

3 FOREST CLOSE 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 3 FOREST CLOSE sales from November 1998 and May 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 November 1998 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2015 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 3 FOREST CLOSE?

3 FOREST CLOSE is 163m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 50% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 3 FOREST CLOSE lies on this distribution: 53% of detached houses are smaller than 3 FOREST CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Woodford.

3 FOREST CLOSE: Plot and Title Map

3 FOREST CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 3 FOREST 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 3 FOREST 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 3 FOREST CLOSE?

3 FOREST CLOSE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 3 on FOREST CLOSE.