242, STRAIGHT ROAD, ROMFORD, RM3 8XT - £282,500

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

242 STRAIGHT ROAD is a small extended detached house of 128m², built sometime between 1983 and 1990. It was last sold for £282,500 in August 2006, which was around 27% below the average August 2006 detached price in the Havering local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

242 STRAIGHT ROAD Sold Prices

Land registry data shows two sales for 242 STRAIGHT 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 242 STRAIGHT 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
2006 4 AUG	£282,500	£386,020	27% below HPI
1997 3 FEB	£107,500	£142,609	25% below HPI

242 STRAIGHT 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 242 STRAIGHT ROAD sales from February 1997 and August 2006 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 February 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2006 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 242 STRAIGHT ROAD?

242 STRAIGHT ROAD is 128m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 242 STRAIGHT ROAD lies on this distribution: 40% of detached houses are smaller than 242 STRAIGHT ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in London.

242 STRAIGHT ROAD: Plot and Title Map

242 STRAIGHT ROAD sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 242 STRAIGHT 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 242 STRAIGHT 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 242 STRAIGHT ROAD?

242 STRAIGHT ROAD is located in ROMFORD, in the RM3 postcode district. The below map shows the position of No. 242 on STRAIGHT ROAD.