138, LODGE LANE, ROMFORD, RM5 2ET - £420,000

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

138 LODGE LANE is a large detached house of 171m², built sometime between 1983 and 1990. It was last sold for £420,000 in July 2014, which was around 14% below the average July 2014 detached price in the Havering local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was C.

138 LODGE LANE Sold Prices

Land registry data shows four sales for 138 LODGE LANE 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 138 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
2014 25 JUL	£420,000	£490,753	14% below HPI
2007 24 JUL	£409,995	£427,348	4% below HPI
2000 12 MAY	£150,000	£214,968	30% below HPI
1995 5 APR	£95,000	£133,125	29% below HPI

138 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 four 138 LODGE LANE sales between April 1995 and July 2014 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 July 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 138 LODGE LANE?

138 LODGE LANE is 171m² according to the EPC inspection conducted in April 2017. This puts it in the largest 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 138 LODGE LANE lies on this distribution: 64% of detached houses are smaller than 138 LODGE LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in London.

138 LODGE LANE: Plot and Title Map

138 LODGE LANE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 138 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 138 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 138 LODGE LANE?

138 LODGE LANE is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 138 on LODGE LANE.