148, PETTITS LANE, ROMFORD, RM1 4DX - £440,000

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 PETTITS LANE is a large extended detached house of 146m², built sometime between 1950 and 1966. It was last sold for £440,000 in May 2015, which was around 18% below the average May 2015 detached price in the Havering local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

148 PETTITS LANE Sold Prices

Land registry data shows two sales for 148 PETTITS LANE 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 PETTITS 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
2015 15 MAY	£440,000	£534,963	18% below HPI
2012 16 NOV	£230,000	£426,639	46% below HPI

148 PETTITS 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 two 148 PETTITS LANE sales from November 2012 and May 2015 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 November 2012 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 148 PETTITS LANE?

148 PETTITS LANE is 146m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 40% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 148 PETTITS LANE lies on this distribution: 66% of detached houses are smaller than 148 PETTITS LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Romford.

148 PETTITS LANE: Plot and Title Map

148 PETTITS LANE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 148 PETTITS 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 148 PETTITS 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 148 PETTITS LANE?

148 PETTITS LANE is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 148 on PETTITS LANE.