125, BALGORES LANE, ROMFORD, RM2 6BT - £645,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

125 BALGORES LANE is a midsized extended detached house of 135m², built sometime between 1976 and 1982. It was last sold for £645,000 in July 2024, which was around 21% below the average July 2024 detached price in the Havering local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

125 BALGORES LANE Sold Prices

Land registry data shows two sales for 125 BALGORES 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 125 BALGORES 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
2024 30 JUL	£645,000	£811,558	21% below HPI
2005 9 MAR	£312,500	£370,718	16% below HPI

125 BALGORES 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 125 BALGORES LANE sales from March 2005 and July 2024 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 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2024 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 125 BALGORES LANE?

125 BALGORES LANE is 135m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 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 125 BALGORES LANE lies on this distribution: 44% of detached houses are smaller than 125 BALGORES LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in London.

125 BALGORES LANE: Plot and Title Map

125 BALGORES LANE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 125 BALGORES 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 125 BALGORES 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 125 BALGORES LANE?

125 BALGORES LANE is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 125 on BALGORES LANE.