3, KENWAY, ROMFORD, RM5 3EH - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 KENWAY is a very small detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £501,202. It was last sold for £295,000 in April 2014, which was around 37% below the average April 2014 detached price in the Havering local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was B.

3 KENWAY Sold Prices

Land registry data shows two sales for 3 KENWAY 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 KENWAY 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
2014 15 APR	£295,000	£468,039	37% below HPI
1996 11 MAR	£89,000	£132,001	33% below HPI

3 KENWAY 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 KENWAY sales from March 1996 and April 2014 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 March 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 3 KENWAY be worth now?

3 KENWAY might now be worth an estimated £501,202.

This is based on house price inflation of 69.9%, between April 2014 and December 2024, 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 69.9% inflationary increase is applied to the most recent sale price for 3 KENWAY of £295,000 on 15th April 2014. For the value to have increased from £295,000 to £501,202 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of 3 KENWAY has moved in line with the HPI for detached houses in the Havering local authority area.
• The April 2014 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 3 KENWAY has not materially changed since April 2014.

How Large is 3 KENWAY?

3 KENWAY is 86m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% 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 KENWAY lies on this distribution: 11% of detached houses houses are smaller than 3 KENWAY, and 89% of houses are larger. Note that EPC data is not available for all properties in London.

3 KENWAY: Plot and Title Map

3 KENWAY sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 3 KENWAY, 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 KENWAY). 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 KENWAY?

3 KENWAY is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 3 on KENWAY.