137, ESSEX ROAD, ROMFORD, RM7 8BB - £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

137 ESSEX ROAD is a midsized extended detached house of 111m², built sometime between 1930 and 1949. It was last sold for £550,000 in August 2021, which was around 24% below the average August 2021 detached price in the Havering local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

137 ESSEX ROAD Sold Prices

Land registry data shows three sales for 137 ESSEX ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the three 137 ESSEX 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
2021 20 AUG	£550,000	£723,292	24% below HPI
2005 26 JAN	£249,995	£369,853	32% below HPI
1997 31 JAN	£77,995	£138,923	44% below HPI

137 ESSEX 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 three 137 ESSEX ROAD sales between January 1997 and August 2021 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 January 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 137 ESSEX ROAD?

137 ESSEX ROAD is 111m², which includes three extensions, according to the EPC inspection conducted in February 2021. 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 137 ESSEX ROAD lies on this distribution: 40% of detached houses are smaller than 137 ESSEX ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Romford.

137 ESSEX ROAD: Plot and Title Map

137 ESSEX ROAD sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 137 ESSEX 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 137 ESSEX 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 137 ESSEX ROAD?

137 ESSEX ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 137 on ESSEX ROAD.