3, CRANHAM ROAD, HORNCHURCH, RM11 2AB - £480,000

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

3 CRANHAM ROAD is a midsized extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £480,000 in September 2020, which was around 32% below the average September 2020 detached price in the Havering local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

3 CRANHAM ROAD Sold Prices

Land registry data shows two sales for 3 CRANHAM 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 3 CRANHAM 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
2020 25 SEP	£480,000	£708,939	32% below HPI
1997 28 FEB	£123,500	£142,609	13% below HPI

3 CRANHAM 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 3 CRANHAM ROAD sales from February 1997 and September 2020 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 February 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 3 CRANHAM ROAD?

3 CRANHAM ROAD is 111m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 3 CRANHAM ROAD lies on this distribution: 40% of detached houses are smaller than 3 CRANHAM ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Romford.

3 CRANHAM ROAD: Plot and Title Map

3 CRANHAM ROAD sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 3 CRANHAM 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 3 CRANHAM 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 3 CRANHAM ROAD?

3 CRANHAM ROAD is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 3 on CRANHAM ROAD.