16, THE AVENUE, ROMFORD, RM1 4LD - £390,000

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 THE AVENUE is a large detached house of 155m², built sometime between 1930 and 1949. It was last sold for £390,000 in January 2014, which was around 13% below the average January 2014 detached price in the Havering local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

16 THE AVENUE Sold Prices

Land registry data shows two sales for 16 THE AVENUE 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 THE AVENUE 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
2014 10 JAN	£390,000	£449,389	13% below HPI
1996 15 MAR	£125,000	£133,407	6% below HPI

16 THE AVENUE 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 THE AVENUE sales from March 1996 and January 2014 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 March 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 16 THE AVENUE?

16 THE AVENUE is 155m² according to the EPC inspection conducted in January 2013. This puts it in the largest 30% 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 THE AVENUE lies on this distribution: 72% of detached houses are smaller than 16 THE AVENUE, and 28% of houses are larger. Note that EPC data is not available for all properties in Romford.

16 THE AVENUE: Plot and Title Map

16 THE AVENUE sits on a plot of roughly 0.410 of an acre, or 1,658m². The below map shows the location of 16 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

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