31, PRINCES ROAD, ROMFORD, RM1 2SP - £317,000

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 PRINCES ROAD is a large extended detached house of 145m², built sometime before 1900. It was last sold for £317,000 in March 2003, which was around 7% below the average March 2003 detached price in the Havering local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.

31 PRINCES ROAD Sold Prices

Land registry data shows two sales for 31 PRINCES 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 31 PRINCES 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
2003 28 MAR	£317,000	£340,071	7% below HPI
1998 19 JUN	£145,000	£169,627	15% below HPI

31 PRINCES 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 31 PRINCES ROAD sales from June 1998 and March 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 June 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2003 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 31 PRINCES ROAD?

31 PRINCES ROAD is 145m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 40% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 31 PRINCES ROAD lies on this distribution: 65% of detached houses are smaller than 31 PRINCES ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Romford.

31 PRINCES ROAD: Plot and Title Map

31 PRINCES ROAD sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 31 PRINCES 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 31 PRINCES 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 31 PRINCES ROAD?

31 PRINCES ROAD is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 31 on PRINCES ROAD.