140, CROSS ROAD, MAWNEYS, ROMFORD, RM7 8EL - £570,000

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

140 CROSS ROAD is a large extended detached house of 153m², built sometime between 1950 and 1966. It was last sold for £570,000 in August 2019, which was around 18% below the average August 2019 detached price in the Havering local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

140 CROSS ROAD Sold Prices

Land registry data shows two sales for 140 CROSS ROAD 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 140 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
2019 20 AUG	£570,000	£696,627	18% below HPI
2001 6 JUL	£159,950	£246,109	35% below HPI

140 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 two 140 CROSS ROAD sales from July 2001 and August 2019 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 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 140 CROSS ROAD?

140 CROSS ROAD is 153m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 140 CROSS ROAD lies on this distribution: 69% of detached houses are smaller than 140 CROSS ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Romford.

140 CROSS ROAD: Plot and Title Map

140 CROSS ROAD sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 140 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 140 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 140 CROSS ROAD?

140 CROSS ROAD is located in MAWNEYS, in the RM7 postcode district. The below map shows the position of No. 140 on CROSS ROAD.