38, CORNFLOWER WAY, ROMFORD, RM3 0XY - £345,000

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

38 CORNFLOWER WAY is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £345,000 in January 2015, which was around 34% below the average January 2015 detached price in the Havering local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

38 CORNFLOWER WAY Sold Prices

Land registry data shows three sales for 38 CORNFLOWER WAY 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. All of the three 38 CORNFLOWER WAY 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
2015 27 JAN	£345,000	£525,413	34% below HPI
2004 31 AUG	£260,000	£360,745	28% below HPI
1998 23 JAN	£105,000	£160,909	35% below HPI

38 CORNFLOWER WAY 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 38 CORNFLOWER WAY sales between January 1998 and January 2015 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 August 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 38 CORNFLOWER WAY?

38 CORNFLOWER WAY is 101m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 38 CORNFLOWER WAY lies on this distribution: 20% of detached houses are smaller than 38 CORNFLOWER WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in London.

38 CORNFLOWER WAY: Plot and Title Map

38 CORNFLOWER WAY sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 38 CORNFLOWER WAY, 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 38 CORNFLOWER WAY). 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 38 CORNFLOWER WAY?

38 CORNFLOWER WAY is located in ROMFORD, in the RM3 postcode district. The below map shows the position of No. 38 on CORNFLOWER WAY.