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
31 PRIORY GROVE is a midsized extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £535,000 in November 2016, which was around 21% below the average November 2016 detached price in the Havering local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 31 PRIORY GROVE since 1st 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 31 PRIORY GROVE 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 |
---|---|---|---|
2016 21 NOV | £535,000 | £676,279 | 21% below HPI |
2000 24 MAR | £178,500 | £208,115 | 14% below HPI |
1998 28 APR | £147,000 | £164,817 | 11% below HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The three 31 PRIORY GROVE sales between April 1998 and November 2016 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 2000 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
31 PRIORY GROVE is 139m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 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 31 PRIORY GROVE lies on this distribution: 47% of detached houses are smaller than 31 PRIORY GROVE, and 53% of houses are larger. Note that EPC data is not available for all properties in London.
31 PRIORY GROVE sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of 31 PRIORY GROVE, 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 PRIORY GROVE). 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.
31 PRIORY GROVE is located in ROMFORD, in the RM3 postcode district. The below map shows the position of No. 31 on PRIORY GROVE.