398, MAWNEY ROAD, ROMFORD, RM7 8QP - £367,500

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

398 MAWNEY ROAD is a very large extended detached house of 180m², built sometime between 1930 and 1949. It was last sold for £367,500 in June 2014, which was around 24% below the average June 2014 detached price in the Havering local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

398 MAWNEY ROAD Sold Prices

Land registry data shows two sales for 398 MAWNEY 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 398 MAWNEY 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
2014 3 JUN	£367,500	£484,466	24% below HPI
2010 26 FEB	£250,000	£400,392	38% below HPI

398 MAWNEY 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 398 MAWNEY ROAD sales from February 2010 and June 2014 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 February 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2014 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 398 MAWNEY ROAD?

398 MAWNEY ROAD is 180m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 20% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 398 MAWNEY ROAD lies on this distribution: 84% of detached houses are smaller than 398 MAWNEY ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Romford.

398 MAWNEY ROAD: Plot and Title Map

398 MAWNEY ROAD sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 398 MAWNEY 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 398 MAWNEY 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 398 MAWNEY ROAD?

398 MAWNEY ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 398 on MAWNEY ROAD.