27, GREENWAY, ROMFORD, RM3 0HH - £555,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

27 GREENWAY is a midsized extended detached house of 152m², built sometime between 1930 and 1949, which could now be worth an estimated £680,102. It was last sold for £555,000 in March 2017, which was around 17% below the average March 2017 detached price in the Havering local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

27 GREENWAY Sold Prices

Land registry data shows two sales for 27 GREENWAY 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 GREENWAY 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 21 MAR	£555,000	£669,091	17% below HPI
1999 30 JUL	£152,000	£181,557	16% below HPI

27 GREENWAY 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 GREENWAY sales from July 1999 and March 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 July 1999 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 27 GREENWAY be worth now?

27 GREENWAY might now be worth an estimated £680,102.

This is based on house price inflation of 22.5%, between March 2017 and February 2025, for detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.5% inflationary increase is applied to the most recent sale price for 27 GREENWAY of £555,000 on 21st March 2017. For the value to have increased from £555,000 to £680,102 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 27 GREENWAY has moved in line with the HPI for detached houses in the Havering local authority area.
• The March 2017 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 27 GREENWAY has not materially changed since March 2017.

How Large is 27 GREENWAY?

27 GREENWAY is 152m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 50% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 27 GREENWAY lies on this distribution: 54% of detached houses houses are smaller than 27 GREENWAY, and 45% of houses are larger. Note that EPC data is not available for all properties in London.

27 GREENWAY: Plot and Title Map

27 GREENWAY sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 27 GREENWAY, 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 GREENWAY). 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 GREENWAY?

27 GREENWAY is located in ROMFORD, in the RM3 postcode district. The below map shows the position of No. 27 on GREENWAY.