3, BARRETT CLOSE, ROMFORD, RM3 7AY - £335,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 BARRETT CLOSE is a midsized extended detached house of 140m², built sometime between 1983 and 1990, which could now be worth an estimated £722,293. It was last sold for £335,000 in October 2009, which was around 12% below the average October 2009 detached price in the Havering local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

3 BARRETT CLOSE Sold Prices

Land registry data shows two sales for 3 BARRETT CLOSE 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 3 BARRETT CLOSE 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
2009 1 OCT	£335,000	£380,275	12% below HPI
2000 23 JUN	£162,000	£216,306	25% below HPI

3 BARRETT CLOSE 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 3 BARRETT CLOSE sales from June 2000 and October 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 June 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2009 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 3 BARRETT CLOSE be worth now?

3 BARRETT CLOSE might now be worth an estimated £722,293.

This is based on house price inflation of 115.6%, between October 2009 and February 2025, for detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 115.6% inflationary increase is applied to the most recent sale price for 3 BARRETT CLOSE of £335,000 on 1st October 2009. For the value to have increased from £335,000 to £722,293 over the sixteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 BARRETT CLOSE has moved in line with the HPI for detached houses in the Havering local authority area.
• The October 2009 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BARRETT CLOSE has not materially changed since October 2009.

How Large is 3 BARRETT CLOSE?

3 BARRETT CLOSE is 140m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 50% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 3 BARRETT CLOSE lies on this distribution: 47% of detached houses houses are smaller than 3 BARRETT CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in London.

3 BARRETT CLOSE: Plot and Title Map

3 BARRETT CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 3 BARRETT CLOSE, 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 3 BARRETT CLOSE). 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 3 BARRETT CLOSE?

3 BARRETT CLOSE is located in ROMFORD, in the RM3 postcode district. The below map shows the position of No. 3 on BARRETT CLOSE.