1A, ERROLL ROAD, ROMFORD, RM1 3DJ - £478,000

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

1A ERROLL ROAD is a midsized extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £478,000 in August 2015, which was around 14% below the average August 2015 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.

1A ERROLL ROAD Sold Prices

Land registry data shows two sales for 1A ERROLL 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 1A ERROLL 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
2015 6 AUG	£478,000	£555,719	14% below HPI
2007 7 SEP	£350,000	£434,807	20% below HPI

1A ERROLL 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 1A ERROLL ROAD sales from September 2007 and August 2015 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 September 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2015 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1A ERROLL ROAD?

1A ERROLL ROAD is 131m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 1A ERROLL ROAD lies on this distribution: 57% of detached houses are smaller than 1A ERROLL ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Romford.

1A ERROLL ROAD: Plot and Title Map

1A ERROLL ROAD sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 1A ERROLL 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 1A ERROLL 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 1A ERROLL ROAD?

1A ERROLL ROAD is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 1A on ERROLL ROAD.