40, HEATH DRIVE, ROMFORD, RM2 5QJ - £625,000

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

40 HEATH DRIVE is a small detached house of 123m², built sometime between 1930 and 1949. It was last sold for £625,000 in October 2012, which was around 48% above the average October 2012 detached price in the Havering local authority area. The most recent EPC inspection was September 2020, where the current energy rating was F, and the potential energy rating was C.

40 HEATH DRIVE Sold Prices

Land registry data shows three sales for 40 HEATH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the three 40 HEATH DRIVE 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
2012 19 OCT	£625,000	£422,464	48% above HPI
2010 21 DEC	£520,000	£417,218	25% above HPI
1998 5 AUG	£290,000	£172,066	69% above HPI

40 HEATH 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 three 40 HEATH DRIVE sales between August 1998 and October 2012 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 December 2010 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2012 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 40 HEATH DRIVE?

40 HEATH DRIVE is 123m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% 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 HEATH DRIVE lies on this distribution: 36% of detached houses are smaller than 40 HEATH DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in London.

40 HEATH DRIVE: Plot and Title Map

40 HEATH DRIVE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 40 HEATH 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 40 HEATH 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 40 HEATH DRIVE?

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