16, FOREST ROAD, ROMFORD, RM7 8DT - £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

16 FOREST ROAD is a midsized detached house of 114m², built sometime from 2007 onwards. It was last sold for £440,000 in August 2017, which was around 36% below the average August 2017 detached price in the Havering local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

16 FOREST ROAD Sold Prices

Land registry data shows three sales for 16 FOREST 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 16 FOREST 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
2017 23 AUG	£440,000	£688,647	36% below HPI
2007 11 MAY	£295,000	£417,097	29% below HPI
2004 23 FEB	£240,000	£350,299	31% below HPI

16 FOREST 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 16 FOREST ROAD sales between February 2004 and August 2017 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 May 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2017 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 16 FOREST ROAD?

16 FOREST ROAD is 114m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 16 FOREST ROAD lies on this distribution: 43% of detached houses are smaller than 16 FOREST ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Romford.

16 FOREST ROAD: Plot and Title Map

16 FOREST ROAD sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 16 FOREST 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 16 FOREST 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 16 FOREST ROAD?

16 FOREST ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 16 on FOREST ROAD.