251, CHASE CROSS ROAD, ROMFORD, RM5 3XS - £368,000

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

251 CHASE CROSS ROAD is a very small extended detached house of 71m², built sometime between 1950 and 1966. It was last sold for £368,000 in January 2016, which was around 39% below the average January 2016 detached price in the Havering local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

251 CHASE CROSS ROAD Sold Prices

Land registry data shows two sales for 251 CHASE CROSS 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 251 CHASE CROSS 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
2016 13 JAN	£368,000	£601,790	39% below HPI
2004 2 APR	£200,000	£355,592	44% below HPI

251 CHASE CROSS 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 251 CHASE CROSS ROAD sales from April 2004 and January 2016 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 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2016 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 251 CHASE CROSS ROAD?

251 CHASE CROSS ROAD is 71m², which includes one extension, according to the EPC inspection conducted in May 2015. 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 251 CHASE CROSS ROAD lies on this distribution: 4% of detached houses are smaller than 251 CHASE CROSS ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in London.

251 CHASE CROSS ROAD: Plot and Title Map

251 CHASE CROSS ROAD sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 251 CHASE CROSS 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 251 CHASE CROSS 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 251 CHASE CROSS ROAD?

251 CHASE CROSS ROAD is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 251 on CHASE CROSS ROAD.