270, LODGE LANE, ROMFORD, RM5 2EX - £329,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

270 LODGE LANE is a very small detached house of 75m², built sometime between 1930 and 1949. It was last sold for £329,500 in May 2015, which was around 38% below the average May 2015 detached price in the Havering local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

270 LODGE LANE Sold Prices

Land registry data shows two sales for 270 LODGE LANE 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 270 LODGE LANE 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
2015 27 MAY	£329,500	£534,963	38% below HPI
2015 12 JAN	£235,000	£525,413	55% below HPI

270 LODGE LANE 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 270 LODGE LANE sales from January 2015 and May 2015 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 January 2015 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the May 2015 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 270 LODGE LANE?

270 LODGE LANE is 75m² according to the EPC inspection conducted in July 2014. 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 270 LODGE LANE lies on this distribution: 6% of detached houses are smaller than 270 LODGE LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in London.

270 LODGE LANE: Plot and Title Map

270 LODGE LANE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 270 LODGE LANE, 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 270 LODGE LANE). 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 270 LODGE LANE?

270 LODGE LANE is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 270 on LODGE LANE.