1, CASTLE CLOSE, ROMFORD, RM3 7LN - £700,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CASTLE CLOSE is a large detached house of 168m², built sometime between 1983 and 1990. It was last sold for £700,000 in May 2023, which was around 13% below the average May 2023 detached price in the Havering local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

1 CASTLE CLOSE Sold Prices

Land registry data shows two sales for 1 CASTLE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havering local authority area for the corresponding sale date. Both of the two 1 CASTLE CLOSE 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
2023 25 MAY	£700,000	£806,422	13% below HPI
2014 17 OCT	£470,000	£517,406	9% below HPI

1 CASTLE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The two 1 CASTLE CLOSE sales from October 2014 and May 2023 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 October 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 CASTLE CLOSE?

1 CASTLE CLOSE is 168m² according to the EPC inspection conducted in April 2013. 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 1 CASTLE CLOSE lies on this distribution: 63% of detached houses are smaller than 1 CASTLE CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in London.

1 CASTLE CLOSE: Plot and Title Map

1 CASTLE CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 1 CASTLE CLOSE, 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 1 CASTLE CLOSE). 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 1 CASTLE CLOSE?

1 CASTLE CLOSE is located in ROMFORD, in the RM3 postcode district. The below map shows the position of No. 1 on CASTLE CLOSE.