79, CHELMSFORD ROAD, LONDON, E18 2PR - £885,000

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.

79 CHELMSFORD ROAD is a small extended detached house of 142m², built sometime before 1900, which could now be worth an estimated £1,387,231. It was last sold for £885,000 in February 2015, which was around 24% above the average February 2015 detached price in the Redbridge local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

79 CHELMSFORD ROAD Sold Prices

Land registry data shows three sales for 79 CHELMSFORD 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. All of the three 79 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
2015 27 FEB	£885,000	£713,694	24% above HPI
2013 21 NOV	£847,000	£625,783	35% above HPI
1999 9 DEC	£295,000	£261,121	13% above HPI

79 CHELMSFORD 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 79 CHELMSFORD ROAD sales between December 1999 and February 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 November 2013 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2015 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 79 CHELMSFORD ROAD be worth now?

79 CHELMSFORD ROAD might now be worth an estimated £1,387,231.

This is based on house price inflation of 56.7%, between February 2015 and May 2026, for detached 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 56.7% inflationary increase is applied to the most recent sale price for 79 CHELMSFORD ROAD of £885,000 on 27th February 2015. For the value to have increased from £885,000 to £1,387,231 over the ten years and nine months to May 2026, the following assumptions must hold true:

• The value of 79 CHELMSFORD ROAD has moved in line with the HPI for detached houses in the Redbridge local authority area.
• The February 2015 sale price of £885,000 represented a fair market value for the property.
• The size, condition, and specification of 79 CHELMSFORD ROAD has not materially changed since February 2015.

How Large is 79 CHELMSFORD ROAD?

79 CHELMSFORD ROAD is 142m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodford, and where 79 CHELMSFORD ROAD lies on this distribution: 36% of detached houses houses are smaller than 79 CHELMSFORD ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Woodford.

79 CHELMSFORD ROAD: Plot and Title Map

79 CHELMSFORD ROAD sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 79 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 79 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 79 CHELMSFORD ROAD?

79 CHELMSFORD ROAD is located in LONDON, in the E18 postcode district. The below map shows the position of No. 79 on CHELMSFORD ROAD.