74, CHELMSFORD ROAD, LONDON, E18 2PP - £678,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

74 CHELMSFORD ROAD is a small extended terraced house of 126m², built sometime between 1900 and 1929, which could now be worth an estimated £1,168,858. It was last sold for £678,000 in July 2014, which was around 112% above the average July 2014 terraced price in the Redbridge local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

74 CHELMSFORD ROAD Sold Prices

Land registry data shows two sales for 74 CHELMSFORD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Redbridge local authority area for the corresponding sale date. Both of the two 74 CHELMSFORD ROAD 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
2014 23 JUL	£678,000	£319,292	112% above HPI
2013 20 SEP	£390,000	£294,319	33% above HPI

74 CHELMSFORD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Redbridge local authority area over time, sourced from the HPI. The two 74 CHELMSFORD ROAD sales from September 2013 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 September 2013 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2014 sale, where it rises to 112% above the HPI. The line then continues to track at 112% above the HPI.

What might 74 CHELMSFORD ROAD be worth now?

74 CHELMSFORD ROAD might now be worth an estimated £1,168,858.

This is based on house price inflation of 72.4%, between July 2014 and May 2026, for terraced houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.4% inflationary increase is applied to the most recent sale price for 74 CHELMSFORD ROAD of £678,000 on 23rd July 2014. For the value to have increased from £678,000 to £1,168,858 over the twelve years and two months to May 2026, the following assumptions must hold true:

• The value of 74 CHELMSFORD ROAD has moved in line with the HPI for terraced houses in the Redbridge local authority area.
• The July 2014 sale price of £678,000 represented a fair market value for the property.
• The size, condition, and specification of 74 CHELMSFORD ROAD has not materially changed since July 2014.

How Large is 74 CHELMSFORD ROAD?

74 CHELMSFORD ROAD is 126m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of terraced houses houses in Woodford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Woodford, and where 74 CHELMSFORD ROAD lies on this distribution: 25% of terraced houses houses are smaller than 74 CHELMSFORD ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Woodford.

74 CHELMSFORD ROAD: Plot and Title Map

74 CHELMSFORD ROAD sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 74 CHELMSFORD 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 74 CHELMSFORD 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 74 CHELMSFORD ROAD?

74 CHELMSFORD ROAD is located in LONDON, in the E18 postcode district. The below map shows the position of No. 74 on CHELMSFORD ROAD.