2, ELM ROAD, ROMFORD, RM7 8HH - £300,000

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 ELM ROAD is a small extended detached house of 109m², built sometime between 1930 and 1949. It was last sold for £300,000 in July 2011, which was around 28% below the average July 2011 detached price in the Havering local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

2 ELM ROAD Sold Prices

Land registry data shows two sales for 2 ELM 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 2 ELM 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
2011 13 JUL	£300,000	£418,899	28% below HPI
2007 24 APR	£250,000	£409,064	39% below HPI

2 ELM 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 2 ELM ROAD sales from April 2007 and July 2011 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 April 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2011 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 ELM ROAD?

2 ELM ROAD is 109m², which includes two extensions, according to the EPC inspection conducted in July 2011. 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 2 ELM ROAD lies on this distribution: 27% of detached houses are smaller than 2 ELM ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in London.

2 ELM ROAD: Plot and Title Map

2 ELM ROAD sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 2 ELM 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 2 ELM 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 2 ELM ROAD?

2 ELM ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 2 on ELM ROAD.