15, HEATHFIELD PARK DRIVE, CHADWELL HEATH, ROMFORD, RM6 4FB - £455,000

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

15 HEATHFIELD PARK DRIVE is a small detached house of 111m², built sometime between 1991 and 1995. It was last sold for £455,000 in July 2015, which was around 35% below the average July 2015 detached price in the Redbridge local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

15 HEATHFIELD PARK DRIVE Sold Prices

Land registry data shows three sales for 15 HEATHFIELD PARK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. All of the three 15 HEATHFIELD PARK DRIVE 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 24 JUL	£455,000	£701,766	35% below HPI
2004 17 NOV	£302,500	£454,934	34% below HPI
1997 17 OCT	£147,000	£191,038	23% below HPI

15 HEATHFIELD PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The three 15 HEATHFIELD PARK DRIVE sales between October 1997 and July 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 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2015 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 15 HEATHFIELD PARK DRIVE?

15 HEATHFIELD PARK DRIVE is 111m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% 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 HEATHFIELD PARK DRIVE lies on this distribution: 28% of detached houses are smaller than 15 HEATHFIELD PARK DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in London.

15 HEATHFIELD PARK DRIVE: Plot and Title Map

15 HEATHFIELD PARK DRIVE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 15 HEATHFIELD PARK DRIVE, 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 HEATHFIELD PARK DRIVE). 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 HEATHFIELD PARK DRIVE?

15 HEATHFIELD PARK DRIVE is located in CHADWELL HEATH, in the RM6 postcode district. The below map shows the position of No. 15 on HEATHFIELD PARK DRIVE.