404A, MAWNEY ROAD, ROMFORD, RM7 8QD - £315,000

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

404A MAWNEY ROAD is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £315,000 in April 2017, which was around 53% below the average April 2017 detached price in the Havering local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

404A MAWNEY ROAD Sold Prices

Land registry data shows four sales for 404A MAWNEY ROAD 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 404A MAWNEY ROAD 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 20 APR	£315,000	£670,140	53% below HPI
2010 22 NOV	£232,000	£419,993	45% below HPI
2008 18 FEB	£220,000	£444,211	50% below HPI
2003 26 JUN	£190,000	£339,881	44% below HPI

404A MAWNEY ROAD 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 404A MAWNEY ROAD sales between June 2003 and April 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 November 2010 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2017 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 404A MAWNEY ROAD?

404A MAWNEY ROAD is 69m² according to the EPC inspection conducted in May 2016. 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 404A MAWNEY ROAD lies on this distribution: 5% of detached houses are smaller than 404A MAWNEY ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Romford.

404A MAWNEY ROAD: Plot and Title Map

404A MAWNEY ROAD sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 404A MAWNEY ROAD, 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 404A MAWNEY ROAD). 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 404A MAWNEY ROAD?

404A MAWNEY ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 404A on MAWNEY ROAD.