29, HOMEWAY, ROMFORD, RM3 0HD - £719,000

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

29 HOMEWAY is a large extended detached house of 184m², built sometime between 1900 and 1929. It was last sold for £719,000 in August 2018, which was around 2% above the average August 2018 detached price in the Havering local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was C.

29 HOMEWAY Sold Prices

Land registry data shows two sales for 29 HOMEWAY 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. One of the two 29 HOMEWAY sales was for above the average price, whilst the other was 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
2018 16 AUG	£719,000	£707,768	2% above HPI
2014 25 JUL	£428,000	£490,753	13% below HPI

29 HOMEWAY 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 HOMEWAY sales from July 2014 and August 2018 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 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2018 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 29 HOMEWAY?

29 HOMEWAY is 184m², which includes four extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 40% 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 HOMEWAY lies on this distribution: 69% of detached houses are smaller than 29 HOMEWAY, and 30% of houses are larger. Note that EPC data is not available for all properties in London.

29 HOMEWAY: Plot and Title Map

29 HOMEWAY sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 29 HOMEWAY, 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 HOMEWAY). 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 HOMEWAY?

29 HOMEWAY is located in ROMFORD, in the RM3 postcode district. The below map shows the position of No. 29 on HOMEWAY.