41, AVELON ROAD, ROMFORD, RM5 3XX - £307,000

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

41 AVELON ROAD is a midsized extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £307,000 in March 2014, which was around 34% below the average March 2014 detached price in the Havering local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was E.

41 AVELON ROAD Sold Prices

Land registry data shows three sales for 41 AVELON ROAD 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 41 AVELON 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
2014 21 MAR	£307,000	£463,948	34% below HPI
2010 22 NOV	£270,000	£419,993	36% below HPI
1997 17 JUL	£115,000	£148,152	22% below HPI

41 AVELON 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 three 41 AVELON ROAD sales between July 1997 and March 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 November 2010 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2014 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 41 AVELON ROAD?

41 AVELON ROAD is 132m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 41 AVELON ROAD lies on this distribution: 43% of detached houses are smaller than 41 AVELON ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in London.

41 AVELON ROAD: Plot and Title Map

41 AVELON ROAD sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 41 AVELON 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 41 AVELON 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 41 AVELON ROAD?

41 AVELON ROAD is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 41 on AVELON ROAD.