148, GRANGE ROAD, ROMFORD, RM3 7EA - £315,000

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

148 GRANGE ROAD is a very small extended detached house of 80m², built sometime between 1950 and 1966. It was last sold for £315,000 in May 2020, which was around 55% below the average May 2020 detached price in the Havering local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

148 GRANGE ROAD Sold Prices

Land registry data shows two sales for 148 GRANGE 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 148 GRANGE 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
2020 29 MAY	£315,000	£703,397	55% below HPI
2004 23 JUL	£165,000	£358,134	54% below HPI

148 GRANGE 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 148 GRANGE ROAD sales from July 2004 and May 2020 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 2004 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the May 2020 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 148 GRANGE ROAD?

148 GRANGE ROAD is 80m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 148 GRANGE ROAD lies on this distribution: 8% of detached houses are smaller than 148 GRANGE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in London.

148 GRANGE ROAD: Plot and Title Map

148 GRANGE ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 148 GRANGE 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 148 GRANGE 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 148 GRANGE ROAD?

148 GRANGE ROAD is located in ROMFORD, in the RM3 postcode district. The below map shows the position of No. 148 on GRANGE ROAD.