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
301A FRONT LANE is a very small detached house of 97m², built sometime between 1950 and 1966. It was last sold for £450,000 in December 2020, which was around 38% below the average December 2020 detached price in the Havering local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 301A FRONT LANE since 1st 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 301A FRONT LANE 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 14 DEC | £450,000 | £725,145 | 38% below HPI |
2003 26 FEB | £230,000 | £335,642 | 31% below HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The two 301A FRONT LANE sales from February 2003 and December 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 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
301A FRONT LANE is 97m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 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 301A FRONT LANE lies on this distribution: 18% of detached houses are smaller than 301A FRONT LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in London.
301A FRONT LANE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 301A FRONT LANE, 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 301A FRONT LANE). 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.
301A FRONT LANE is located in UPMINSTER, in the RM14 postcode district. The below map shows the position of No. 301A on FRONT LANE.