31, CROSSWAYS, ROMFORD, RM2 6AJ - £870,000

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

31 CROSSWAYS is a small extended detached house of 128m², built sometime between 1930 and 1949. It was last sold for £870,000 in July 2022, which was around 10% above the average July 2022 detached price in the Havering local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

31 CROSSWAYS Sold Prices

Land registry data shows three sales for 31 CROSSWAYS 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. The three 31 CROSSWAYS sales were a mix of above the average price, and roughly equal to 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
2022 8 JUL	£870,000	£792,429	10% above HPI
2006 11 DEC	£500,000	£391,117	28% above HPI
2005 18 MAY	£365,000	£365,334	Close to HPI

31 CROSSWAYS 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 31 CROSSWAYS sales between May 2005 and July 2022 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 December 2006 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 31 CROSSWAYS?

31 CROSSWAYS is 128m², which includes three extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 31 CROSSWAYS lies on this distribution: 40% of detached houses are smaller than 31 CROSSWAYS, and 60% of houses are larger. Note that EPC data is not available for all properties in London.

31 CROSSWAYS: Plot and Title Map

31 CROSSWAYS sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 31 CROSSWAYS, 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 31 CROSSWAYS). 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 31 CROSSWAYS?

31 CROSSWAYS is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 31 on CROSSWAYS.