8, YOUNGS ROAD, ILFORD, IG2 7LF - £195,000

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.

8 YOUNGS ROAD is a very small extended terraced house of 88m², built sometime between 1900 and 1929, which could now be worth an estimated £486,303. It was last sold for £195,000 in May 2004, which was around 12% below the average May 2004 terraced price in the Redbridge local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was B.

8 YOUNGS ROAD Sold Prices

Land registry data shows two sales for 8 YOUNGS 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 8 YOUNGS ROAD 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
2004 6 MAY	£195,000	£220,723	12% below HPI
1996 1 NOV	£27,000	£76,459	65% below HPI

8 YOUNGS 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 8 YOUNGS ROAD sales from November 1996 and May 2004 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 1996 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the May 2004 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 YOUNGS ROAD be worth now?

8 YOUNGS ROAD might now be worth an estimated £486,303.

This is based on house price inflation of 149.4%, between May 2004 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 149.4% inflationary increase is applied to the most recent sale price for 8 YOUNGS ROAD of £195,000 on 6th May 2004. For the value to have increased from £195,000 to £486,303 over the 22 years to May 2026, the following assumptions must hold true:

• The value of 8 YOUNGS ROAD has moved in line with the HPI for terraced houses in the Redbridge local authority area.
• The May 2004 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 8 YOUNGS ROAD has not materially changed since May 2004.

How Large is 8 YOUNGS ROAD?

8 YOUNGS ROAD is 88m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 8 YOUNGS ROAD lies on this distribution: 11% of terraced houses houses are smaller than 8 YOUNGS ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in London.

8 YOUNGS ROAD: Plot and Title Map

8 YOUNGS ROAD sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 8 YOUNGS 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 8 YOUNGS 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 8 YOUNGS ROAD?

8 YOUNGS ROAD is located in ILFORD, in the IG2 postcode district. The below map shows the position of No. 8 on YOUNGS ROAD.