2, CAXTON WAY, ROMFORD, RM1 4GS - £700,000

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

2 CAXTON WAY is a very large detached house of 179m², built sometime between 1996 and 2002. It was last sold for £700,000 in July 2015, which was around 27% above the average July 2015 detached price in the Havering local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

2 CAXTON WAY Sold Prices

Land registry data shows three sales for 2 CAXTON WAY 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 2 CAXTON WAY sales were for above 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 JUL	£700,000	£549,109	27% above HPI
2005 10 NOV	£520,000	£372,355	40% above HPI
2001 1 AUG	£405,000	£251,317	61% above HPI

2 CAXTON WAY 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 2 CAXTON WAY sales between August 2001 and July 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 November 2005 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the July 2015 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 2 CAXTON WAY?

2 CAXTON WAY is 179m² according to the EPC inspection conducted in May 2011. This puts it in the largest 20% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 2 CAXTON WAY lies on this distribution: 84% of detached houses are smaller than 2 CAXTON WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Romford.

2 CAXTON WAY: Plot and Title Map

2 CAXTON WAY sits on a plot of roughly 0.108 of an acre, or 435m². The below map shows the location of 2 CAXTON WAY, 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 2 CAXTON WAY). 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 2 CAXTON WAY?

2 CAXTON WAY is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 2 on CAXTON WAY.