15, WOODFIELD DRIVE, ROMFORD, RM2 5DD - £550,000

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 WOODFIELD DRIVE is a small extended detached house of 101m², built sometime between 1930 and 1949. It was last sold for £550,000 in January 2021, which was around 24% below the average January 2021 detached price in the Havering local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

15 WOODFIELD DRIVE Sold Prices

Land registry data shows three sales for 15 WOODFIELD 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 Havering local authority area for the corresponding sale date. All of the three 15 WOODFIELD 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
2021 21 JAN	£550,000	£725,043	24% below HPI
2003 2 DEC	£235,000	£346,214	32% below HPI
2000 28 SEP	£139,500	£225,761	38% below HPI

15 WOODFIELD DRIVE 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 WOODFIELD DRIVE sales between September 2000 and January 2021 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 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 15 WOODFIELD DRIVE?

15 WOODFIELD DRIVE is 101m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 WOODFIELD DRIVE lies on this distribution: 20% of detached houses are smaller than 15 WOODFIELD DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in London.

15 WOODFIELD DRIVE: Plot and Title Map

15 WOODFIELD DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 15 WOODFIELD 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 WOODFIELD 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 WOODFIELD DRIVE?

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