1, PRINCES ROAD, ROMFORD, RM1 2SR - £365,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PRINCES ROAD is a large extended detached house of 169m², built sometime between 1900 and 1929. It was last sold for £365,000 in July 2015, which was around 34% below the average July 2015 detached price in the Havering local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

1 PRINCES ROAD Sold Prices

Land registry data shows three sales for 1 PRINCES ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the three 1 PRINCES 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
2015 29 JUL	£365,000	£549,109	34% below HPI
2001 12 JUL	£215,000	£246,109	13% below HPI
1995 26 MAY	£117,000	£131,694	11% below HPI

1 PRINCES ROAD 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 three 1 PRINCES ROAD sales between May 1995 and July 2015 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 July 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 PRINCES ROAD?

1 PRINCES ROAD is 169m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 20% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 1 PRINCES ROAD lies on this distribution: 80% of detached houses are smaller than 1 PRINCES ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Romford.

1 PRINCES ROAD: Plot and Title Map

1 PRINCES ROAD sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 1 PRINCES 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 1 PRINCES 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 1 PRINCES ROAD?

1 PRINCES ROAD is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 1 on PRINCES ROAD.