29, ELM ROAD, ROMFORD, RM7 8HH - £350,000

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

29 ELM ROAD is a very small detached house of 77m², built sometime between 1930 and 1949. It was last sold for £350,000 in January 2016, which was around 42% below the average January 2016 detached price in the Havering local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

29 ELM ROAD Sold Prices

Land registry data shows two sales for 29 ELM 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 29 ELM 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 22 JAN	£350,000	£601,790	42% below HPI
1996 30 AUG	£90,000	£135,591	34% below HPI

29 ELM 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 29 ELM ROAD sales from August 1996 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 August 1996 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2016 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 29 ELM ROAD?

29 ELM ROAD is 77m² according to the EPC inspection conducted in February 2018. 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 29 ELM ROAD lies on this distribution: 6% of detached houses are smaller than 29 ELM ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

29 ELM ROAD: Plot and Title Map

29 ELM ROAD sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 29 ELM 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 29 ELM 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 29 ELM ROAD?

29 ELM ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 29 on ELM ROAD.