15, GIDEA CLOSE, ROMFORD, RM2 5NP - £1,500,000

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

15 GIDEA CLOSE is a very large extended detached house of 254m², built sometime between 1930 and 1949. It was last sold for £1,500,000 in July 2010, which was around 260% above the average July 2010 detached price in the Havering local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

15 GIDEA CLOSE Sold Prices

Land registry data shows two sales for 15 GIDEA CLOSE 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 15 GIDEA 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
2010 12 JUL	£1,500,000	£417,091	260% above HPI
1997 16 DEC	£370,000	£158,822	133% above HPI

15 GIDEA 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 two 15 GIDEA CLOSE sales from December 1997 and July 2010 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 December 1997 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the July 2010 sale, where it rises to 260% above the HPI. The line then continues to track at 260% above the HPI.

How Large is 15 GIDEA CLOSE?

15 GIDEA CLOSE is 254m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 15 GIDEA CLOSE lies on this distribution: 86% of detached houses are smaller than 15 GIDEA CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in London.

15 GIDEA CLOSE: Plot and Title Map

15 GIDEA CLOSE sits on a plot of roughly 0.584 of an acre, or 2,362m². The below map shows the location of 15 GIDEA 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 15 GIDEA 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 15 GIDEA CLOSE?

15 GIDEA CLOSE is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 15 on GIDEA CLOSE.