39, FOREST WAY, WOODFORD GREEN, IG8 0QB - £600,000

39 FOREST WAY is a very small detached house of 108m², built sometime between 1900 and 1929. It was last sold for £600,000 in August 2010, which was around 15% above the average August 2010 detached price in the Redbridge local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was D.

39 FOREST WAY Sold Prices

Land registry data shows two sales for 39 FOREST 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 39 FOREST 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
2010 27 AUG	£600,000	£521,070	15% above HPI
2009 16 FEB	£480,000	£452,952	6% above HPI

39 FOREST 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 39 FOREST WAY sales from February 2009 and August 2010 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 2009 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2010 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 39 FOREST WAY?

39 FOREST WAY is 108m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 20% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 39 FOREST WAY lies on this distribution: 16% of detached houses are smaller than 39 FOREST WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Woodford.

39 FOREST WAY: Plot and Title Map

39 FOREST WAY sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 39 FOREST 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 39 FOREST 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 39 FOREST WAY?

39 FOREST WAY is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 39 on FOREST WAY.