120, LODGE LANE, ROMFORD, RM5 2ET - £535,000

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

120 LODGE LANE is a midsized detached house of 161m², built sometime between 1950 and 1966. It was last sold for £535,000 in August 2018, which was around 24% below the average August 2018 detached price in the Havering local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

120 LODGE LANE Sold Prices

Land registry data shows two sales for 120 LODGE LANE 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 120 LODGE LANE 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 6 AUG	£535,000	£707,768	24% below HPI
2000 17 APR	£150,000	£211,382	29% below HPI

120 LODGE LANE 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 120 LODGE LANE sales from April 2000 and August 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 April 2000 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 120 LODGE LANE?

120 LODGE LANE is 161m² according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 120 LODGE LANE lies on this distribution: 59% of detached houses are smaller than 120 LODGE LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in London.

120 LODGE LANE: Plot and Title Map

120 LODGE LANE sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of 120 LODGE LANE, 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 120 LODGE LANE). 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 120 LODGE LANE?

120 LODGE LANE is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 120 on LODGE LANE.