5, MEWS PLACE, WOODFORD GREEN, IG8 0UB - £480,000

5 MEWS PLACE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £480,000 in July 2014, which was around 23% below the average July 2014 detached price in the Redbridge local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

5 MEWS PLACE Sold Prices

Land registry data shows three sales for 5 MEWS PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. All of the three 5 MEWS PLACE sales were for below 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
2014 28 JUL	£480,000	£626,727	23% below HPI
2001 24 AUG	£240,000	£315,028	24% below HPI
1998 30 NOV	£145,000	£210,879	31% below HPI

5 MEWS PLACE 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 three 5 MEWS PLACE sales between November 1998 and July 2014 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 August 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2014 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 MEWS PLACE?

5 MEWS PLACE is 66m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 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 5 MEWS PLACE lies on this distribution: 2% of detached houses are smaller than 5 MEWS PLACE, and 98% of houses are larger. Note that EPC data is not available for all properties in Woodford.

5 MEWS PLACE: Plot and Title Map

5 MEWS PLACE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 5 MEWS PLACE, 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 5 MEWS PLACE). 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 5 MEWS PLACE?

5 MEWS PLACE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 5 on MEWS PLACE.