7, HOVETON WAY, ILFORD, IG6 2GP - £670,000

7 HOVETON WAY is a small detached house of 111m², built sometime between 1996 and 2002. It was last sold for £670,000 in April 2023, which was around 35% below the average April 2023 detached price in the Redbridge local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

7 HOVETON WAY Sold Prices

Land registry data shows two sales for 7 HOVETON WAY 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 7 HOVETON WAY 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
2023 4 APR	£670,000	£1,023,214	35% below HPI
2002 26 JUL	£315,950	£361,489	13% below HPI

7 HOVETON WAY 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 7 HOVETON WAY sales from July 2002 and April 2023 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 July 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 HOVETON WAY?

7 HOVETON WAY is 111m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 7 HOVETON WAY lies on this distribution: 28% of detached houses are smaller than 7 HOVETON WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in London.

7 HOVETON WAY: Plot and Title Map

7 HOVETON WAY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 7 HOVETON WAY, 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 7 HOVETON WAY). 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 7 HOVETON WAY?

7 HOVETON WAY is located in ILFORD, in the IG6 postcode district. The below map shows the position of No. 7 on HOVETON WAY.