1, ROWAN WAY, ROMFORD, RM6 5PL - £390,000

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 ROWAN WAY is a small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £390,000 in October 2021, which was around 33% below the average October 2021 detached price in the Barking and Dagenham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

1 ROWAN WAY Sold Prices

Land registry data shows two sales for 1 ROWAN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Barking and Dagenham local authority area for the corresponding sale date. Both of the two 1 ROWAN WAY 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
2021 15 OCT	£390,000	£584,286	33% below HPI
2016 8 MAR	£338,000	£471,978	28% below HPI

1 ROWAN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Barking and Dagenham local authority area over time, sourced from the HPI. The two 1 ROWAN WAY sales from March 2016 and October 2021 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 March 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 ROWAN WAY?

1 ROWAN WAY is 102m², which includes two extensions, according to the EPC inspection conducted in October 2015. 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 ROWAN WAY lies on this distribution: 21% of detached houses are smaller than 1 ROWAN WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in London.

1 ROWAN WAY: Plot and Title Map

1 ROWAN WAY sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 1 ROWAN WAY, 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 ROWAN WAY). 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 ROWAN WAY?

1 ROWAN WAY is located in ROMFORD, in the RM6 postcode district. The below map shows the position of No. 1 on ROWAN WAY.