1A, LAWRENCE ROAD, ROMFORD, RM2 5SS - £475,000

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 LAWRENCE ROAD is a midsized extended detached house of 127m², built sometime between 1976 and 1982. It was last sold for £475,000 in May 2018, which was around 32% below the average May 2018 detached price in the Havering local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

1A LAWRENCE ROAD Sold Prices

Land registry data shows three sales for 1A LAWRENCE ROAD 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 1A LAWRENCE 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
2018 25 MAY	£475,000	£698,916	32% below HPI
2007 20 JUL	£340,000	£427,348	20% below HPI
2002 24 MAY	£235,000	£276,250	15% below HPI

1A LAWRENCE 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 three 1A LAWRENCE ROAD sales between May 2002 and May 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 July 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 1A LAWRENCE ROAD?

1A LAWRENCE ROAD is 127m², which includes one extension, according to the EPC inspection conducted in June 2017. 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 LAWRENCE ROAD lies on this distribution: 54% of detached houses are smaller than 1A LAWRENCE ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Romford.

1A LAWRENCE ROAD: Plot and Title Map

1A LAWRENCE ROAD sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 1A LAWRENCE 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 LAWRENCE 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 LAWRENCE ROAD?

1A LAWRENCE ROAD is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 1A on LAWRENCE ROAD.