16, PARK DRIVE, ROMFORD, RM1 4LJ - £575,255

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 PARK DRIVE is a small extended semi-detached house of 106m², built sometime between 1930 and 1949, which could now be worth an estimated £696,478. It was last sold for £575,255 in January 2019, which was around 32% above the average January 2019 semi-detached price in the Havering local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was B.

16 PARK DRIVE Sold Prices

Land registry data shows two sales for 16 PARK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Havering local authority area for the corresponding sale date. One of the two 16 PARK DRIVE sales was for above the average price, whilst the other was 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
2019 15 JAN	£575,255	£437,050	32% above HPI
2005 14 OCT	£215,000	£236,034	9% below HPI

16 PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Havering local authority area over time, sourced from the HPI. The two 16 PARK DRIVE sales from October 2005 and January 2019 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 October 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2019 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 16 PARK DRIVE be worth now?

16 PARK DRIVE might now be worth an estimated £696,478.

This is based on house price inflation of 21.1%, between January 2019 and February 2025, for semi-detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.1% inflationary increase is applied to the most recent sale price for 16 PARK DRIVE of £575,255 on 15th January 2019. For the value to have increased from £575,255 to £696,478 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 16 PARK DRIVE has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The January 2019 sale price of £575,255 represented a fair market value for the property.
• The size, condition, and specification of 16 PARK DRIVE has not materially changed since January 2019.

How Large is 16 PARK DRIVE?

16 PARK DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of semi-detached houses houses in Romford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Romford, and where 16 PARK DRIVE lies on this distribution: 35% of semi-detached houses houses are smaller than 16 PARK DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Romford.

16 PARK DRIVE: Plot and Title Map

16 PARK DRIVE sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of 16 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 16 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 16 PARK DRIVE?

16 PARK DRIVE is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 16 on PARK DRIVE.