2, THE DRIVE, LONDON, E18 2BL - £1,200,000

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.

2 THE DRIVE is a large detached house of 173m², built sometime between 1930 and 1949, which could now be worth an estimated £1,263,252. It was last sold for £1,200,000 in November 2022, which was around 11% above the average November 2022 detached price in the Redbridge local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

2 THE DRIVE Sold Prices

Land registry data shows one sale for 2 THE DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redbridge local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 18 NOV	£1,200,000	£1,083,480	11% above HPI

What might 2 THE DRIVE be worth now?

2 THE DRIVE might now be worth an estimated £1,263,252.

This is based on house price inflation of 5.3%, between November 2022 and April 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 5.3% inflationary increase is applied to the most recent sale price for 2 THE DRIVE of £1,200,000 on 18th November 2022. For the value to have increased from £1,200,000 to £1,263,252 over the four years and seven months to April 2026, the following assumptions must hold true:

• The value of 2 THE DRIVE has moved in line with the HPI for detached houses in the Redbridge local authority area.
• The November 2022 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE DRIVE has not materially changed since November 2022.

How Large is 2 THE DRIVE?

2 THE DRIVE is 173m² according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 2 THE DRIVE lies on this distribution: 64% of detached houses are smaller than 2 THE DRIVE, and 35% of detached houses are larger. Note that EPC data is not available for all properties in London.

2 THE DRIVE: Plot

2 THE DRIVE sits on a plot of roughly 0.148 of an acre, or 600m².

Where is 2 THE DRIVE?

2 THE DRIVE is located in LONDON, in the E18 postcode district.