10, GIDEA CLOSE, ROMFORD, RM2 5NP - £1,150,000

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

10 GIDEA CLOSE is a large detached house of 188m², built sometime between 1967 and 1975. It was last sold for £1,150,000 in May 2018, which was around 65% above the average May 2018 detached price in the Havering local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

10 GIDEA CLOSE Sold Prices

Land registry data shows two sales for 10 GIDEA 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 10 GIDEA CLOSE sales were for above 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
2018 3 MAY	£1,150,000	£698,916	65% above HPI
2005 14 DEC	£620,000	£366,740	69% above HPI

10 GIDEA 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 10 GIDEA CLOSE sales from December 2005 and May 2018 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 2005 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the May 2018 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 10 GIDEA CLOSE?

10 GIDEA CLOSE is 188m² according to the EPC inspection conducted in October 2013. This puts it in the largest 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 10 GIDEA CLOSE lies on this distribution: 71% of detached houses are smaller than 10 GIDEA CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in London.

10 GIDEA CLOSE: Plot and Title Map

10 GIDEA CLOSE sits on a plot of roughly 0.212 of an acre, or 857m². The below map shows the location of 10 GIDEA 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 10 GIDEA 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 10 GIDEA CLOSE?

10 GIDEA CLOSE is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 10 on GIDEA CLOSE.