2, WOOD VIEW MEWS, ROMFORD, RM1 4PN - £535,000

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 WOOD VIEW MEWS is a small detached house of 102m², built sometime between 2007 and 2011. It was last sold for £535,000 in October 2022, which was around 35% below the average October 2022 detached price in the Havering local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

2 WOOD VIEW MEWS Sold Prices

Land registry data shows two sales for 2 WOOD VIEW MEWS 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 WOOD VIEW MEWS 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
2022 24 OCT	£535,000	£817,945	35% below HPI
2014 20 JUN	£325,000	£484,466	33% below HPI

2 WOOD VIEW MEWS 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 WOOD VIEW MEWS sales from June 2014 and October 2022 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 June 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 WOOD VIEW MEWS?

2 WOOD VIEW MEWS is 102m² according to the EPC inspection conducted in March 2022. 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 WOOD VIEW MEWS lies on this distribution: 21% of detached houses are smaller than 2 WOOD VIEW MEWS, and 78% of houses are larger. Note that EPC data is not available for all properties in London.

2 WOOD VIEW MEWS: Plot and Title Map

2 WOOD VIEW MEWS sits on a plot of roughly 0.430 of an acre, or 1,740m². The below map shows the location of 2 WOOD VIEW MEWS, 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 WOOD VIEW MEWS). 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 WOOD VIEW MEWS?

2 WOOD VIEW MEWS is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 2 on WOOD VIEW MEWS.