121, CHASE CROSS ROAD, ROMFORD, RM5 3RP - £550,000

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

121 CHASE CROSS ROAD is a small extended detached house of 115m², built sometime between 1930 and 1949. It was last sold for £550,000 in August 2017, which was around 20% below the average August 2017 detached price in the Havering local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.

121 CHASE CROSS ROAD Sold Prices

Land registry data shows two sales for 121 CHASE CROSS 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 121 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
2017 16 AUG	£550,000	£688,647	20% below HPI
2013 14 JUN	£265,000	£425,126	38% below HPI

121 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 two 121 CHASE CROSS ROAD sales from June 2013 and August 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 June 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2017 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 121 CHASE CROSS ROAD?

121 CHASE CROSS ROAD is 115m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 121 CHASE CROSS ROAD lies on this distribution: 30% of detached houses are smaller than 121 CHASE CROSS ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in London.

121 CHASE CROSS ROAD: Plot and Title Map

121 CHASE CROSS ROAD sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of 121 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 121 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 121 CHASE CROSS ROAD?

121 CHASE CROSS ROAD is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 121 on CHASE CROSS ROAD.