25, LODGE AVENUE, ROMFORD, RM2 5AB - £311,000

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

25 LODGE AVENUE is a very small detached house of 59m², built sometime between 1930 and 1949. It was last sold for £311,000 in August 2017, which was around 55% below the average August 2017 detached price in the Havering local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

25 LODGE AVENUE Sold Prices

Land registry data shows two sales for 25 LODGE AVENUE 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 25 LODGE AVENUE 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
2017 7 AUG	£311,000	£688,647	55% below HPI
2014 16 APR	£213,000	£473,021	55% below HPI

25 LODGE AVENUE 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 25 LODGE AVENUE sales from April 2014 and August 2017 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 2014 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2017 sale, which was also at 55% below the HPI.

How Large is 25 LODGE AVENUE?

25 LODGE AVENUE is 59m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 25 LODGE AVENUE lies on this distribution: 1% of detached houses are smaller than 25 LODGE AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in London.

25 LODGE AVENUE: Plot and Title Map

25 LODGE AVENUE sits on a plot of roughly 0.697 of an acre, or 2,821m². The below map shows the location of 25 LODGE AVENUE, 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 25 LODGE AVENUE). 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 25 LODGE AVENUE?

25 LODGE AVENUE is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 25 on LODGE AVENUE.