28, PARK DRIVE, ROMFORD, RM1 4LH - £870,000

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

28 PARK DRIVE is a very large extended detached house of 212m², built sometime between 1930 and 1949. It was last sold for £870,000 in May 2022, which was around 10% above the average May 2022 detached price in the Havering local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was B.

28 PARK DRIVE Sold Prices

Land registry data shows two sales for 28 PARK DRIVE 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 28 PARK DRIVE sales were for above 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
2022 30 MAY	£870,000	£791,263	10% above HPI
2017 24 NOV	£770,000	£692,052	11% above HPI

28 PARK DRIVE 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 28 PARK DRIVE sales from November 2017 and May 2022 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 November 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 28 PARK DRIVE?

28 PARK DRIVE is 212m², which includes three extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 10% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 28 PARK DRIVE lies on this distribution: 93% of detached houses are smaller than 28 PARK DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Romford.

28 PARK DRIVE: Plot and Title Map

28 PARK DRIVE sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of 28 PARK DRIVE, 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 28 PARK DRIVE). 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 28 PARK DRIVE?

28 PARK DRIVE is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 28 on PARK DRIVE.