44, PALM ROAD, ROMFORD, RM7 7AR - £475,000

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

44 PALM ROAD is a large extended detached house of 141m², built sometime between 1930 and 1949. It was last sold for £475,000 in January 2018, which was around 31% below the average January 2018 detached price in the Havering local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

44 PALM ROAD Sold Prices

Land registry data shows four sales for 44 PALM 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 44 PALM 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
2018 24 JAN	£475,000	£685,057	31% below HPI
2006 14 FEB	£268,000	£366,906	27% below HPI
2000 25 AUG	£185,000	£222,834	17% below HPI
1998 19 NOV	£110,000	£173,936	37% below HPI

44 PALM 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 44 PALM ROAD sales between November 1998 and January 2018 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 February 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 44 PALM ROAD?

44 PALM ROAD is 141m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 44 PALM ROAD lies on this distribution: 63% of detached houses are smaller than 44 PALM ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Romford.

44 PALM ROAD: Plot and Title Map

44 PALM ROAD sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 44 PALM 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 44 PALM 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 44 PALM ROAD?

44 PALM ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 44 on PALM ROAD.