114B, CHASE CROSS ROAD, ROMFORD, RM5 3RR - £320,000

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

114B CHASE CROSS ROAD is a very small detached house of 84m². It was last sold for £320,000 in July 2018, which was around 55% below the average July 2018 detached price in the Havering local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was B.

114B CHASE CROSS ROAD Sold Prices

Land registry data shows three sales for 114B CHASE CROSS 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 114B CHASE CROSS 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
2018 19 JUL	£320,000	£708,815	55% below HPI
2014 29 AUG	£270,000	£502,761	46% below HPI
1998 4 SEP	£111,000	£172,338	36% below HPI

114B CHASE CROSS 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 114B CHASE CROSS ROAD sales between September 1998 and July 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 August 2014 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2018 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 114B CHASE CROSS ROAD?

114B CHASE CROSS ROAD is 84m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 114B CHASE CROSS ROAD lies on this distribution: 10% of detached houses are smaller than 114B CHASE CROSS ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in London.

114B CHASE CROSS ROAD: Plot and Title Map

114B CHASE CROSS ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 114B CHASE CROSS 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 114B CHASE CROSS 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 114B CHASE CROSS ROAD?

114B CHASE CROSS ROAD is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 114B on CHASE CROSS ROAD.