31, REED POND WALK, ROMFORD, RM2 5PD - £720,000

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 REED POND WALK is a very small extended detached house of 93m², built sometime between 1900 and 1929. It was last sold for £720,000 in September 2010, which was around 70% above the average September 2010 detached price in the Havering local authority area. The most recent EPC inspection was December 2008, where the current energy rating was F, and the potential energy rating was F.

31 REED POND WALK Sold Prices

Land registry data shows two sales for 31 REED POND WALK 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 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
2010 29 SEP	£720,000	£423,578	70% above HPI
2005 27 JUN	£710,000	£366,012	94% above HPI

31 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 two 31 REED POND WALK sales from June 2005 and September 2010 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 2005 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the September 2010 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 31 REED POND WALK?

31 REED POND WALK is 93m², which includes one extension, according to the EPC inspection conducted in December 2008. 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 31 REED POND WALK lies on this distribution: 16% of detached houses are smaller than 31 REED POND WALK, and 84% of houses are larger. Note that EPC data is not available for all properties in London.

31 REED POND WALK: Plot and Title Map

31 REED POND WALK sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 31 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 31 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 31 REED POND WALK?

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