131, CHASE CROSS ROAD, ROMFORD, RM5 3YS - £530,000

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

131 CHASE CROSS ROAD is a midsized extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £530,000 in September 2023, which was around 34% below the average September 2023 detached price in the Havering local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

131 CHASE CROSS ROAD Sold Prices

Land registry data shows four sales for 131 CHASE CROSS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the four 131 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
2023 25 SEP	£530,000	£801,423	34% below HPI
2012 17 AUG	£330,000	£417,162	21% below HPI
2000 22 NOV	£189,995	£232,326	18% below HPI
1997 20 NOV	£139,000	£158,796	12% below HPI

131 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 four 131 CHASE CROSS ROAD sales between November 1997 and September 2023 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 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 131 CHASE CROSS ROAD?

131 CHASE CROSS ROAD is 131m², which includes one extension, according to the EPC inspection conducted in January 2023. 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 131 CHASE CROSS ROAD lies on this distribution: 42% of detached houses are smaller than 131 CHASE CROSS ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in London.

131 CHASE CROSS ROAD: Plot and Title Map

131 CHASE CROSS ROAD sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 131 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 131 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 131 CHASE CROSS ROAD?

131 CHASE CROSS ROAD is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 131 on CHASE CROSS ROAD.