4, NETHERPARK DRIVE, ROMFORD, RM2 5RL - £645,000

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

4 NETHERPARK DRIVE is a large extended detached house of 139m², built sometime between 1930 and 1949. It was last sold for £645,000 in December 2017, which was around 7% below the average December 2017 detached price in the Havering local authority area. The most recent EPC inspection was July 2023, where the current energy rating was E, and the potential energy rating was C.

4 NETHERPARK DRIVE Sold Prices

Land registry data shows two sales for 4 NETHERPARK DRIVE 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 4 NETHERPARK DRIVE 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
2017 15 DEC	£645,000	£690,135	7% below HPI
2004 2 AUG	£342,500	£360,745	5% below HPI

4 NETHERPARK DRIVE 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 4 NETHERPARK DRIVE sales from August 2004 and December 2017 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2017 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 4 NETHERPARK DRIVE?

4 NETHERPARK DRIVE is 139m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 40% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 4 NETHERPARK DRIVE lies on this distribution: 62% of detached houses are smaller than 4 NETHERPARK DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Romford.

4 NETHERPARK DRIVE: Plot and Title Map

4 NETHERPARK DRIVE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 4 NETHERPARK DRIVE, 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 4 NETHERPARK DRIVE). 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 4 NETHERPARK DRIVE?

4 NETHERPARK DRIVE is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 4 on NETHERPARK DRIVE.