3A, WALMER CLOSE, ROMFORD, RM7 8QH - £290,000

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

3A WALMER CLOSE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £290,000 in November 2014, which was around 44% below the average November 2014 detached price in the Havering local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

3A WALMER CLOSE Sold Prices

Land registry data shows four sales for 3A WALMER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the four 3A WALMER CLOSE 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 28 NOV	£290,000	£518,213	44% below HPI
2013 10 JUN	£237,600	£425,126	44% below HPI
2007 19 JAN	£247,250	£391,667	37% below HPI
1999 26 AUG	£95,000	£185,871	49% below HPI

3A WALMER CLOSE 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 four 3A WALMER CLOSE sales between August 1999 and November 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 June 2013 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2014 sale, which was also at 44% below the HPI.

How Large is 3A WALMER CLOSE?

3A WALMER CLOSE is 74m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 3A WALMER CLOSE lies on this distribution: 7% of detached houses are smaller than 3A WALMER CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Romford.

3A WALMER CLOSE: Plot and Title Map

3A WALMER CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 3A WALMER CLOSE, 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 3A WALMER CLOSE). 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 3A WALMER CLOSE?

3A WALMER CLOSE is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 3A on WALMER CLOSE.