164, LODGE LANE, ROMFORD, RM5 2ET - £600,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

164 LODGE LANE is a midsized extended detached house of 153m², built sometime between 1930 and 1949. It was last sold for £600,000 in October 2018, which was around 15% below the average October 2018 detached price in the Havering local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

164 LODGE LANE Sold Prices

Land registry data shows four sales for 164 LODGE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Havering local authority area for the corresponding sale date. Most of the four 164 LODGE LANE 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
2018 30 OCT	£600,000	£709,424	15% below HPI
2015 10 APR	£550,000	£531,726	3% above HPI
2012 20 APR	£375,000	£414,427	10% below HPI
2004 16 APR	£290,000	£355,592	18% below HPI

164 LODGE LANE 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 four 164 LODGE LANE sales between April 2004 and October 2018 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 April 2015 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 164 LODGE LANE?

164 LODGE LANE is 153m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 164 LODGE LANE lies on this distribution: 55% of detached houses are smaller than 164 LODGE LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in London.

164 LODGE LANE: Plot and Title Map

164 LODGE LANE sits on a plot of roughly 0.227 of an acre, or 919m². The below map shows the location of 164 LODGE LANE, 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 164 LODGE LANE). 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 164 LODGE LANE?

164 LODGE LANE is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 164 on LODGE LANE.