57, NEWLANDS ROAD, WOODFORD GREEN, IG8 0RS - £865,000

57 NEWLANDS ROAD is a large detached house of 192m², built sometime between 2003 and 2006. It was last sold for £865,000 in May 2015, which was around 28% above the average May 2015 detached price in the Redbridge local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

57 NEWLANDS ROAD Sold Prices

Land registry data shows three sales for 57 NEWLANDS ROAD 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. Two of the three 57 NEWLANDS ROAD sales were for above the average price, whilst one was 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
2015 29 MAY	£865,000	£675,190	28% above HPI
2006 9 OCT	£690,000	£479,786	44% above HPI
2005 1 AUG	£296,000	£440,497	33% below HPI

57 NEWLANDS ROAD 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 57 NEWLANDS ROAD sales between August 2005 and May 2015 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 October 2006 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the May 2015 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 57 NEWLANDS ROAD?

57 NEWLANDS ROAD is 192m² according to the EPC inspection conducted in April 2015. This puts it in the largest 30% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 57 NEWLANDS ROAD lies on this distribution: 70% of detached houses are smaller than 57 NEWLANDS ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Woodford.

57 NEWLANDS ROAD: Plot and Title Map

57 NEWLANDS ROAD sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 57 NEWLANDS ROAD, 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 57 NEWLANDS ROAD). 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 57 NEWLANDS ROAD?

57 NEWLANDS ROAD is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 57 on NEWLANDS ROAD.