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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 13% 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	£549,866	13% below HPI
2007 7 SEP	£350,000	£430,227	19% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2015 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1A ERROLL ROAD be worth now?

1A ERROLL ROAD might now be worth an estimated £691,263.

This is based on house price inflation of 44.6%, between August 2015 and December 2024, for detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.6% inflationary increase is applied to the most recent sale price for 1A ERROLL ROAD of £478,000 on 6th August 2015. For the value to have increased from £478,000 to £691,263 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 1A ERROLL ROAD has moved in line with the HPI for detached houses in the Havering local authority area.
• The August 2015 sale price of £478,000 represented a fair market value for the property.
• The size, condition, and specification of 1A ERROLL ROAD has not materially changed since August 2015.

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 houses in Romford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Romford, and where 1A ERROLL ROAD lies on this distribution: 57% of detached houses houses are smaller than 1A ERROLL ROAD, and 42% 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 0.085 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.