2, LILLIPUT ROAD, ROMFORD, RM7 0BJ - £340,000

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 LILLIPUT ROAD is a very small extended detached house of 76m², built sometime between 1930 and 1949. It was last sold for £340,000 in June 2018, which was around 52% below the average June 2018 detached price in the Havering local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

2 LILLIPUT ROAD Sold Prices

Land registry data shows four sales for 2 LILLIPUT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the four 2 LILLIPUT 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 4 JUN	£340,000	£702,112	52% below HPI
2013 29 NOV	£230,000	£443,713	48% below HPI
2010 30 JUL	£209,000	£417,091	50% below HPI
2001 9 APR	£90,000	£238,103	62% below HPI

2 LILLIPUT 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 four 2 LILLIPUT ROAD sales between April 2001 and June 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 November 2013 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2018 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 2 LILLIPUT ROAD?

2 LILLIPUT ROAD is 76m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% 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 LILLIPUT ROAD lies on this distribution: 8% of detached houses are smaller than 2 LILLIPUT ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Romford.

2 LILLIPUT ROAD: Plot and Title Map

2 LILLIPUT ROAD sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 2 LILLIPUT 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 LILLIPUT 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 LILLIPUT ROAD?

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