19, HOMEWAY, ROMFORD, RM3 0HD - £580,000

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

19 HOMEWAY is a small detached house of 122m², built sometime between 1996 and 2002. It was last sold for £580,000 in December 2023, which was around 27% below the average December 2023 detached price in the Havering local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

19 HOMEWAY Sold Prices

Land registry data shows three sales for 19 HOMEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the three 19 HOMEWAY 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
2023 19 DEC	£580,000	£789,286	27% below HPI
2006 15 DEC	£365,000	£391,117	7% below HPI
1995 16 JAN	£59,999	£132,606	55% below HPI

19 HOMEWAY 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 three 19 HOMEWAY sales between January 1995 and December 2023 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 December 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 19 HOMEWAY?

19 HOMEWAY is 122m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 19 HOMEWAY lies on this distribution: 35% of detached houses are smaller than 19 HOMEWAY, and 64% of houses are larger. Note that EPC data is not available for all properties in London.

19 HOMEWAY: Plot and Title Map

19 HOMEWAY sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 19 HOMEWAY, 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 19 HOMEWAY). 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 19 HOMEWAY?

19 HOMEWAY is located in ROMFORD, in the RM3 postcode district. The below map shows the position of No. 19 on HOMEWAY.