8, FAIR OAK PLACE, ILFORD, IG6 2GY - £585,000

8 FAIR OAK PLACE is a midsized detached house of 137m², built sometime between 1996 and 2002. It was last sold for £585,000 in February 2016, which was around 25% below the average February 2016 detached price in the Redbridge local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

8 FAIR OAK PLACE Sold Prices

Land registry data shows two sales for 8 FAIR OAK PLACE 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. One of the two 8 FAIR OAK PLACE sales was for below the average price, whilst the other was 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
2016 12 FEB	£585,000	£781,299	25% below HPI
2001 11 MAY	£305,000	£297,736	2% above HPI

8 FAIR OAK PLACE 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 8 FAIR OAK PLACE sales from May 2001 and February 2016 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 May 2001 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 FAIR OAK PLACE?

8 FAIR OAK PLACE is 137m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 8 FAIR OAK PLACE lies on this distribution: 46% of detached houses are smaller than 8 FAIR OAK PLACE, and 54% of houses are larger. Note that EPC data is not available for all properties in London.

8 FAIR OAK PLACE: Plot and Title Map

8 FAIR OAK PLACE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 8 FAIR OAK PLACE, 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 8 FAIR OAK PLACE). 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 8 FAIR OAK PLACE?

8 FAIR OAK PLACE is located in ILFORD, in the IG6 postcode district. The below map shows the position of No. 8 on FAIR OAK PLACE.