12, CAXTON WAY, ROMFORD, RM1 4GS - £640,000

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

12 CAXTON WAY is a midsized extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £640,000 in October 2017, which was around 8% below the average October 2017 detached price in the Havering local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

12 CAXTON WAY Sold Prices

Land registry data shows two sales for 12 CAXTON 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 Havering local authority area for the corresponding sale date. One of the two 12 CAXTON WAY sales was for below the average price, whilst the other was 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
2017 24 OCT	£640,000	£692,852	8% below HPI
2001 16 MAR	£275,000	£234,551	17% above HPI

12 CAXTON WAY 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 12 CAXTON WAY sales from March 2001 and October 2017 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 2001 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 12 CAXTON WAY?

12 CAXTON WAY is 119m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 12 CAXTON WAY lies on this distribution: 47% of detached houses are smaller than 12 CAXTON WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Romford.

12 CAXTON WAY: Plot and Title Map

12 CAXTON WAY sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 12 CAXTON 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 12 CAXTON 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 12 CAXTON WAY?

12 CAXTON WAY is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 12 on CAXTON WAY.