16, GRANGE ROAD, ROMFORD, RM3 7DU - £450,000

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 GRANGE ROAD is a very small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £450,000 in March 2021, which was around 37% below the average March 2021 detached price in the Havering local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

16 GRANGE ROAD Sold Prices

Land registry data shows two sales for 16 GRANGE ROAD 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 16 GRANGE 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
2021 12 MAR	£450,000	£710,274	37% below HPI
2011 17 JUN	£199,995	£418,103	52% below HPI

16 GRANGE 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 two 16 GRANGE ROAD sales from June 2011 and March 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 June 2011 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the March 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 16 GRANGE ROAD?

16 GRANGE ROAD is 93m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 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 16 GRANGE ROAD lies on this distribution: 15% of detached houses are smaller than 16 GRANGE ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in London.

16 GRANGE ROAD: Plot and Title Map

16 GRANGE ROAD sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 16 GRANGE 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 GRANGE 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 GRANGE ROAD?

16 GRANGE ROAD is located in ROMFORD, in the RM3 postcode district. The below map shows the position of No. 16 on GRANGE ROAD.