29, PARKWAY, ROMFORD, RM2 5NT - £1,050,000

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 PARKWAY is a very large detached house of 258m², built sometime from 2007 onwards. It was last sold for £1,050,000 in May 2009, which was around 183% above the average May 2009 detached price in the Havering local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

29 PARKWAY Sold Prices

Land registry data shows two sales for 29 PARKWAY 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 PARKWAY 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
2009 20 MAY	£1,050,000	£370,984	183% above HPI
2007 25 SEP	£547,500	£434,807	26% above HPI

29 PARKWAY 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 PARKWAY sales from September 2007 and May 2009 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 September 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2009 sale, where it rises to 183% above the HPI. The line then continues to track at 183% above the HPI.

How Large is 29 PARKWAY?

29 PARKWAY is 258m² according to the EPC inspection conducted in March 2009. This puts it in the largest 20% 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 PARKWAY lies on this distribution: 87% of detached houses are smaller than 29 PARKWAY, and 13% of houses are larger. Note that EPC data is not available for all properties in London.

29 PARKWAY: Plot and Title Map

29 PARKWAY sits on a plot of roughly 0.259 of an acre, or 1,049m². The below map shows the location of 29 PARKWAY, 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 PARKWAY). 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 PARKWAY?

29 PARKWAY is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 29 on PARKWAY.