27, AVELON ROAD, ROMFORD, RM5 3XX - £465,000

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

27 AVELON ROAD is a small extended detached house of 103m², built sometime between 1930 and 1949. It was last sold for £465,000 in January 2024, which was around 41% below the average January 2024 detached price in the Havering local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

27 AVELON ROAD Sold Prices

Land registry data shows two sales for 27 AVELON 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 27 AVELON 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
2024 23 JAN	£465,000	£785,722	41% below HPI
2007 2 JUL	£247,500	£427,348	42% below HPI

27 AVELON 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 27 AVELON ROAD sales from July 2007 and January 2024 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 July 2007 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2024 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 27 AVELON ROAD?

27 AVELON ROAD is 103m², which includes one extension, according to the EPC inspection conducted in November 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 27 AVELON ROAD lies on this distribution: 22% of detached houses are smaller than 27 AVELON ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in London.

27 AVELON ROAD: Plot and Title Map

27 AVELON ROAD sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 27 AVELON 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 27 AVELON 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 27 AVELON ROAD?

27 AVELON ROAD is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 27 on AVELON ROAD.