18, AVELON ROAD, ROMFORD, RM5 3XX - £390,000

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

18 AVELON ROAD is a very small extended detached house of 52m², built sometime between 1930 and 1949. It was last sold for £390,000 in February 2022, which was around 49% below the average February 2022 detached price in the Havering local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

18 AVELON ROAD Sold Prices

Land registry data shows two sales for 18 AVELON 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 18 AVELON 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
2022 8 FEB	£390,000	£770,714	49% below HPI
2003 31 MAR	£168,500	£340,071	50% below HPI

18 AVELON 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 18 AVELON ROAD sales from March 2003 and February 2022 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 2003 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2022 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 18 AVELON ROAD?

18 AVELON ROAD is 52m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 18 AVELON ROAD lies on this distribution: 1% of detached houses are smaller than 18 AVELON ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in London.

18 AVELON ROAD: Plot and Title Map

18 AVELON ROAD sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 18 AVELON 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 18 AVELON 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 18 AVELON ROAD?

18 AVELON ROAD is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 18 on AVELON ROAD.