40, MONKHAMS DRIVE, WOODFORD GREEN, IG8 0LE - £1,240,000

40 MONKHAMS DRIVE is a very large detached house of 290m², built sometime between 1900 and 1929. It was last sold for £1,240,000 in September 2012, which was around 122% above the average September 2012 detached price in the Redbridge local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

40 MONKHAMS DRIVE Sold Prices

Land registry data shows two sales for 40 MONKHAMS DRIVE 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 40 MONKHAMS DRIVE 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
2012 26 SEP	£1,240,000	£559,080	122% above HPI
2005 16 DEC	£700,000	£443,038	58% above HPI

40 MONKHAMS DRIVE 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 40 MONKHAMS DRIVE sales from December 2005 and September 2012 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 December 2005 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the September 2012 sale, where it rises to 122% above the HPI. The line then continues to track at 122% above the HPI.

How Large is 40 MONKHAMS DRIVE?

40 MONKHAMS DRIVE is 290m² according to the EPC inspection conducted in February 2012. 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 40 MONKHAMS DRIVE lies on this distribution: 94% of detached houses are smaller than 40 MONKHAMS DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Woodford.

40 MONKHAMS DRIVE: Plot and Title Map

40 MONKHAMS DRIVE sits on a plot of roughly 0.269 of an acre, or 1,089m². The below map shows the location of 40 MONKHAMS DRIVE, 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 40 MONKHAMS DRIVE). 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 40 MONKHAMS DRIVE?

40 MONKHAMS DRIVE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 40 on MONKHAMS DRIVE.