7, CEDAR CLOSE, ILFORD, IG1 2LH - £294,950

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.

7 CEDAR CLOSE is a very large terraced house of 125m², built sometime between 1930 and 1949, which could now be worth an estimated £722,193. It was last sold for £294,950 in March 2005, which was around 31% above the average March 2005 terraced price in the Redbridge local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

7 CEDAR CLOSE Sold Prices

Land registry data shows one sale for 7 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2005 30 MAR	£294,950	£224,810	31% above HPI

What might 7 CEDAR CLOSE be worth now?

7 CEDAR CLOSE might now be worth an estimated £722,193.

This is based on house price inflation of 144.9%, between March 2005 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 144.9% inflationary increase is applied to the most recent sale price for 7 CEDAR CLOSE of £294,950 on 30th March 2005. For the value to have increased from £294,950 to £722,193 over the twenty years and ten months to May 2026, the following assumptions must hold true:

• The value of 7 CEDAR CLOSE has moved in line with the HPI for terraced houses in the Redbridge local authority area.
• The March 2005 sale price of £294,950 represented a fair market value for the property.
• The size, condition, and specification of 7 CEDAR CLOSE has not materially changed since March 2005.

How Large is 7 CEDAR CLOSE?

7 CEDAR CLOSE is 125m² according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of terraced houses in London, based on EPC data. The below chart shows the distribution of terraced houses by size in London, and where 7 CEDAR CLOSE lies on this distribution: 80% of terraced houses are smaller than 7 CEDAR CLOSE, and 19% of terraced houses are larger. Note that EPC data is not available for all properties in London.

7 CEDAR CLOSE: Plot

7 CEDAR CLOSE sits on a plot of roughly 0.025 of an acre, or 102m².

Where is 7 CEDAR CLOSE?

7 CEDAR CLOSE is located in ILFORD, in the IG1 postcode district.