1, JOYES CLOSE, ROMFORD, RM3 9DF - £490,000

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 JOYES CLOSE is a small detached house of 111m², built sometime between 1983 and 1990. It was last sold for £490,000 in August 2023, which was around 39% below the average August 2023 detached price in the Havering local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

1 JOYES CLOSE Sold Prices

Land registry data shows two sales for 1 JOYES 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 JOYES 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 30 AUG	£490,000	£798,311	39% below HPI
1997 11 DEC	£138,600	£158,822	13% below HPI

1 JOYES 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 JOYES CLOSE sales from December 1997 and August 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 December 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 JOYES CLOSE?

1 JOYES CLOSE is 111m² according to the EPC inspection conducted in September 2022. 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 1 JOYES CLOSE lies on this distribution: 28% of detached houses are smaller than 1 JOYES CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in London.

1 JOYES CLOSE: Plot and Title Map

1 JOYES CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 1 JOYES 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 JOYES 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 JOYES CLOSE?

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