40, BALGORES LANE, ROMFORD, RM2 5JT - £724,995

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

40 BALGORES LANE is a very large extended detached house of 223m², built sometime between 1900 and 1929. It was last sold for £724,995 in November 2014, which was around 40% above the average November 2014 detached price in the Havering local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

40 BALGORES LANE Sold Prices

Land registry data shows two sales for 40 BALGORES LANE 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 40 BALGORES LANE sales were for above 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	£724,995	£518,213	40% above HPI
2012 14 SEP	£623,500	£422,348	48% above HPI

40 BALGORES LANE 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 40 BALGORES LANE sales from September 2012 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 September 2012 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the November 2014 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 40 BALGORES LANE?

40 BALGORES LANE is 223m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 40 BALGORES LANE lies on this distribution: 81% of detached houses are smaller than 40 BALGORES LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in London.

40 BALGORES LANE: Plot and Title Map

40 BALGORES LANE sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of 40 BALGORES LANE, 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 40 BALGORES LANE). 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 40 BALGORES LANE?

40 BALGORES LANE is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 40 on BALGORES LANE.