41, HAMLET ROAD, ROMFORD, RM5 2DS - £185,000

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 HAMLET ROAD is a very small detached house of 50m², built sometime between 2003 and 2006. It was last sold for £185,000 in January 2006, which was around 49% below the average January 2006 detached price in the Havering local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

41 HAMLET ROAD Sold Prices

Land registry data shows two sales for 41 HAMLET ROAD 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 41 HAMLET 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
2006 12 JAN	£185,000	£363,697	49% below HPI
2004 12 JUL	£222,995	£358,134	38% below HPI

41 HAMLET 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 two 41 HAMLET ROAD sales from July 2004 and January 2006 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 July 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2006 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 41 HAMLET ROAD?

41 HAMLET ROAD is 50m² according to the EPC inspection conducted in June 2024. 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 41 HAMLET ROAD lies on this distribution: 1% of detached houses are smaller than 41 HAMLET ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in London.

41 HAMLET ROAD: Plot and Title Map

41 HAMLET ROAD sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 41 HAMLET 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 HAMLET 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 HAMLET ROAD?

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