3, REED POND WALK, ROMFORD, RM2 5PJ - £625,000

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

3 REED POND WALK is a midsized extended detached house of 145m², built sometime between 1930 and 1949. It was last sold for £625,000 in April 2003, which was around 83% above the average April 2003 detached price in the Havering local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

3 REED POND WALK Sold Prices

Land registry data shows three sales for 3 REED POND WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the three 3 REED POND WALK 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
2003 11 APR	£625,000	£342,346	83% above HPI
2000 29 APR	£410,000	£211,382	94% above HPI
1997 15 OCT	£245,000	£157,390	56% above HPI

3 REED POND WALK 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 three 3 REED POND WALK sales between October 1997 and April 2003 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 April 2000 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the April 2003 sale, where it falls to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is 3 REED POND WALK?

3 REED POND WALK is 145m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 3 REED POND WALK lies on this distribution: 51% of detached houses are smaller than 3 REED POND WALK, and 49% of houses are larger. Note that EPC data is not available for all properties in London.

3 REED POND WALK: Plot and Title Map

3 REED POND WALK sits on a plot of roughly 0.165 of an acre, or 670m². The below map shows the location of 3 REED POND WALK, 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 REED POND WALK). 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 REED POND WALK?

3 REED POND WALK is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 3 on REED POND WALK.