34, MONKHAMS LANE, WOODFORD GREEN, IG8 0NS - £1,750,000

34 MONKHAMS LANE is a very large extended detached house of 314m², built sometime between 1930 and 1949. It was last sold for £1,750,000 in August 2021, which was around 78% above the average August 2021 detached price in the Redbridge local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

34 MONKHAMS LANE Sold Prices

Land registry data shows four sales for 34 MONKHAMS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. All of the four 34 MONKHAMS LANE 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
2021 17 AUG	£1,750,000	£984,068	78% above HPI
2013 20 FEB	£1,175,000	£545,597	115% above HPI
2008 11 JUN	£715,000	£541,141	32% above HPI
2002 7 FEB	£500,000	£332,766	50% above HPI

34 MONKHAMS LANE 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 four 34 MONKHAMS LANE sales between February 2002 and August 2021 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 February 2013 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the August 2021 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is 34 MONKHAMS LANE?

34 MONKHAMS LANE is 314m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 10% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 34 MONKHAMS LANE lies on this distribution: 96% of detached houses are smaller than 34 MONKHAMS LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Woodford.

34 MONKHAMS LANE: Plot and Title Map

34 MONKHAMS LANE sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 34 MONKHAMS LANE, 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 34 MONKHAMS LANE). 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 34 MONKHAMS LANE?

34 MONKHAMS LANE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 34 on MONKHAMS LANE.