14, WAYSIDE CLOSE, ROMFORD, RM1 4ES - £995,000

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

14 WAYSIDE CLOSE is a very large extended detached house of 194m², built sometime between 1930 and 1949. It was last sold for £995,000 in February 2023, which was around 21% above the average February 2023 detached price in the Havering local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

14 WAYSIDE CLOSE Sold Prices

Land registry data shows four sales for 14 WAYSIDE CLOSE 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 14 WAYSIDE CLOSE sales were for above 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 6 FEB	£995,000	£825,109	21% above HPI
2006 1 JUN	£470,000	£374,673	25% above HPI
2003 27 MAR	£399,995	£340,071	18% above HPI
2000 12 MAY	£269,950	£214,968	26% above HPI

14 WAYSIDE CLOSE 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 14 WAYSIDE CLOSE sales between May 2000 and February 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 June 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2023 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 14 WAYSIDE CLOSE?

14 WAYSIDE CLOSE is 194m², which includes four extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 14 WAYSIDE CLOSE lies on this distribution: 88% of detached houses are smaller than 14 WAYSIDE CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Romford.

14 WAYSIDE CLOSE: Plot and Title Map

14 WAYSIDE CLOSE sits on a plot of roughly 0.182 of an acre, or 736m². The below map shows the location of 14 WAYSIDE CLOSE, 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 14 WAYSIDE CLOSE). 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 14 WAYSIDE CLOSE?

14 WAYSIDE CLOSE is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 14 on WAYSIDE CLOSE.