103, CEDAR ROAD, ROMFORD, RM7 7JU - £500,000

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

103 CEDAR ROAD is a midsized extended detached house of 127m², built sometime between 1930 and 1949. It was last sold for £500,000 in July 2022, which was around 37% below the average July 2022 detached price in the Havering local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

103 CEDAR ROAD Sold Prices

Land registry data shows two sales for 103 CEDAR ROAD 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 103 CEDAR 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
2022 11 JUL	£500,000	£792,429	37% below HPI
1997 12 SEP	£132,000	£155,791	15% below HPI

103 CEDAR 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 two 103 CEDAR ROAD sales from September 1997 and July 2022 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 September 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 103 CEDAR ROAD?

103 CEDAR ROAD is 127m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 103 CEDAR ROAD lies on this distribution: 54% of detached houses are smaller than 103 CEDAR ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Romford.

103 CEDAR ROAD: Plot and Title Map

103 CEDAR ROAD sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 103 CEDAR 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 103 CEDAR 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 103 CEDAR ROAD?

103 CEDAR ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 103 on CEDAR ROAD.