4, RADWIN CLOSE, ROMFORD, RM5 3FE - £317,000

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

4 RADWIN CLOSE is a very small detached house of 68m². It was last sold for £317,000 in March 2018, which was around 54% below the average March 2018 detached price in the Havering local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was C.

4 RADWIN CLOSE Sold Prices

Land registry data shows two sales for 4 RADWIN CLOSE 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 RADWIN 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
2018 9 MAR	£317,000	£688,647	54% below HPI
2014 27 JUN	£250,000	£484,466	48% below HPI

4 RADWIN 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 two 4 RADWIN CLOSE sales from June 2014 and March 2018 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 2014 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2018 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 4 RADWIN CLOSE?

4 RADWIN CLOSE is 68m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 4 RADWIN CLOSE lies on this distribution: 3% of detached houses are smaller than 4 RADWIN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

4 RADWIN CLOSE: Plot and Title Map

4 RADWIN CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 4 RADWIN 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 4 RADWIN 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 4 RADWIN CLOSE?

4 RADWIN CLOSE is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 4 on RADWIN CLOSE.