15, ESSEX ROAD, ROMFORD, RM7 8BE - £312,999

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

15 ESSEX ROAD is a small detached house of 108m², built sometime between 1930 and 1949. It was last sold for £312,999 in December 2016, which was around 53% below the average December 2016 detached price in the Havering local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

15 ESSEX ROAD Sold Prices

Land registry data shows three sales for 15 ESSEX ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the three 15 ESSEX 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
2016 20 DEC	£312,999	£665,768	53% below HPI
2011 4 AUG	£180,000	£413,631	56% below HPI
2002 14 MAR	£125,000	£269,209	54% below HPI

15 ESSEX 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 three 15 ESSEX ROAD sales between March 2002 and December 2016 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 August 2011 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the December 2016 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 15 ESSEX ROAD?

15 ESSEX ROAD is 108m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 15 ESSEX ROAD lies on this distribution: 38% of detached houses are smaller than 15 ESSEX ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Romford.

15 ESSEX ROAD: Plot and Title Map

15 ESSEX ROAD sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 15 ESSEX 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 15 ESSEX 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 15 ESSEX ROAD?

15 ESSEX ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 15 on ESSEX ROAD.