1B, PHILLIDA ROAD, ROMFORD, RM3 0NH - £480,000

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

1B PHILLIDA ROAD is a small extended detached house of 106m², built sometime between 1976 and 1982. It was last sold for £480,000 in January 2015, which was around 9% below the average January 2015 detached price in the Havering local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

1B PHILLIDA ROAD Sold Prices

Land registry data shows three sales for 1B PHILLIDA 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 1B PHILLIDA 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 16 JAN	£480,000	£525,413	9% below HPI
2013 7 OCT	£417,000	£439,419	5% below HPI
2001 14 DEC	£247,000	£261,959	6% below HPI

1B PHILLIDA 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 1B PHILLIDA ROAD sales between December 2001 and January 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 October 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2015 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1B PHILLIDA ROAD?

1B PHILLIDA ROAD is 106m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 1B PHILLIDA ROAD lies on this distribution: 24% of detached houses are smaller than 1B PHILLIDA ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in London.

1B PHILLIDA ROAD: Plot and Title Map

1B PHILLIDA ROAD sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 1B PHILLIDA 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 1B PHILLIDA 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 1B PHILLIDA ROAD?

1B PHILLIDA ROAD is located in ROMFORD, in the RM3 postcode district. The below map shows the position of No. 1B on PHILLIDA ROAD.