34A, PALM ROAD, ROMFORD, RM7 7AR - £246,500

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

34A PALM ROAD is a midsized extended semi-detached house of 127m², built sometime between 2007 and 2011. It was last sold for £246,500 in December 2012, which was around 42% below the average December 2012 detached price in the Havering local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

34A PALM ROAD Sold Prices

Land registry data shows two sales for 34A PALM 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 34A PALM 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
2012 19 DEC	£246,500	£423,366	42% below HPI
2004 17 DEC	£225,000	£373,328	40% below HPI

34A PALM 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 34A PALM ROAD sales from December 2004 and December 2012 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 2004 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2012 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 34A PALM ROAD?

34A PALM ROAD is 127m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 34A PALM ROAD lies on this distribution: 54% of detached houses are smaller than 34A PALM ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Romford.

34A PALM ROAD: Plot and Title Map

34A PALM ROAD sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 34A PALM 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 34A PALM 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 34A PALM ROAD?

34A PALM ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 34A on PALM ROAD.