43, MALVERN DRIVE, WOODFORD GREEN, IG8 0JR - £1,010,000

43 MALVERN DRIVE is a midsized extended detached house of 153m², built sometime between 1930 and 1949. It was last sold for £1,010,000 in November 2020, which was around 10% above the average November 2020 detached price in the Redbridge local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was B.

43 MALVERN DRIVE Sold Prices

Land registry data shows two sales for 43 MALVERN 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 43 MALVERN 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
2020 3 NOV	£1,010,000	£918,694	10% above HPI
2013 7 MAR	£780,000	£556,814	40% above HPI

43 MALVERN 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 43 MALVERN DRIVE sales from March 2013 and November 2020 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 March 2013 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 43 MALVERN DRIVE?

43 MALVERN DRIVE is 153m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 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 43 MALVERN DRIVE lies on this distribution: 47% of detached houses are smaller than 43 MALVERN DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Woodford.

43 MALVERN DRIVE: Plot and Title Map

43 MALVERN DRIVE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 43 MALVERN 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 43 MALVERN 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 43 MALVERN DRIVE?

43 MALVERN DRIVE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 43 on MALVERN DRIVE.