8, LOVAGE APPROACH, LONDON, E6 5UL - £550,000

8 LOVAGE APPROACH is a small detached house of 106m², built sometime between 1983 and 1990. It was last sold for £550,000 in December 2020, which was around 19% below the average December 2020 detached price in the Newham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

8 LOVAGE APPROACH Sold Prices

Land registry data shows two sales for 8 LOVAGE APPROACH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newham local authority area for the corresponding sale date. Both of the two 8 LOVAGE APPROACH 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
2020 15 DEC	£550,000	£681,577	19% below HPI
1997 30 JUN	£96,000	£110,366	13% below HPI

8 LOVAGE APPROACH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newham local authority area over time, sourced from the HPI. The two 8 LOVAGE APPROACH sales from June 1997 and December 2020 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 June 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 LOVAGE APPROACH?

8 LOVAGE APPROACH is 106m² according to the EPC inspection conducted in August 2020. 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 8 LOVAGE APPROACH lies on this distribution: 24% of detached houses are smaller than 8 LOVAGE APPROACH, and 75% of houses are larger. Note that EPC data is not available for all properties in London.

8 LOVAGE APPROACH: Plot and Title Map

8 LOVAGE APPROACH sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 8 LOVAGE APPROACH, 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 LOVAGE APPROACH). 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 LOVAGE APPROACH?

8 LOVAGE APPROACH is located in LONDON, in the E6 postcode district. The below map shows the position of No. 8 on LOVAGE APPROACH.