Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
23 ACADEMY FIELDS ROAD is a very large detached house of 177m², built sometime between 1996 and 2002. It was last sold for £705,000 in September 2022, which was around 13% below the average September 2022 detached price in the Havering local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 23 ACADEMY FIELDS ROAD since 1st 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. One of the two 23 ACADEMY FIELDS ROAD sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2022 26 SEP | £705,000 | £810,448 | 13% below HPI |
2004 25 JUN | £499,950 | £356,276 | 40% above HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The two 23 ACADEMY FIELDS ROAD sales from June 2004 and September 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 2004 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the September 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
23 ACADEMY FIELDS ROAD is 177m² according to the EPC inspection conducted in January 2022. 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 23 ACADEMY FIELDS ROAD lies on this distribution: 83% of detached houses are smaller than 23 ACADEMY FIELDS ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Romford.
23 ACADEMY FIELDS ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 23 ACADEMY FIELDS 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 23 ACADEMY FIELDS 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.
23 ACADEMY FIELDS ROAD is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 23 on ACADEMY FIELDS ROAD.