61A, SPRINGFIELD DRIVE, ILFORD, IG2 6QR - £285,000

61A SPRINGFIELD DRIVE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £285,000 in February 2013, which was around 48% below the average February 2013 detached price in the Redbridge local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

61A SPRINGFIELD DRIVE Sold Prices

Land registry data shows four sales for 61A SPRINGFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. All of the four 61A SPRINGFIELD DRIVE 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
2013 15 FEB	£285,000	£545,597	48% below HPI
2002 4 OCT	£209,000	£386,927	46% below HPI
2001 5 MAR	£83,000	£293,879	72% below HPI
1999 19 FEB	£115,000	£211,485	46% below HPI

61A SPRINGFIELD 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 four 61A SPRINGFIELD DRIVE sales between February 1999 and February 2013 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 2002 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2013 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 61A SPRINGFIELD DRIVE?

61A SPRINGFIELD DRIVE is 74m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 61A SPRINGFIELD DRIVE lies on this distribution: 5% of detached houses are smaller than 61A SPRINGFIELD DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in London.

61A SPRINGFIELD DRIVE: Plot and Title Map

61A SPRINGFIELD DRIVE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 61A SPRINGFIELD 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 61A SPRINGFIELD 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 61A SPRINGFIELD DRIVE?

61A SPRINGFIELD DRIVE is located in ILFORD, in the IG2 postcode district. The below map shows the position of No. 61A on SPRINGFIELD DRIVE.