10, MERLIN ROAD, ROMFORD, RM5 3YA - £293,000

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

10 MERLIN ROAD is a small extended detached house of 110m², built sometime between 1930 and 1949. It was last sold for £293,000 in November 2013, which was around 34% below the average November 2013 detached price in the Havering local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

10 MERLIN ROAD Sold Prices

Land registry data shows three sales for 10 MERLIN 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 10 MERLIN 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
2013 8 NOV	£293,000	£443,713	34% below HPI
2009 17 DEC	£250,000	£390,959	36% below HPI
2001 3 AUG	£170,000	£251,317	32% below HPI

10 MERLIN 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 10 MERLIN ROAD sales between August 2001 and November 2013 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 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2013 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 10 MERLIN ROAD?

10 MERLIN ROAD is 110m², which includes one extension, according to the EPC inspection conducted in February 2009. 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 10 MERLIN ROAD lies on this distribution: 28% of detached houses are smaller than 10 MERLIN ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in London.

10 MERLIN ROAD: Plot and Title Map

10 MERLIN ROAD sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 10 MERLIN 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 10 MERLIN 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 10 MERLIN ROAD?

10 MERLIN ROAD is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 10 on MERLIN ROAD.