45, BALGORES LANE, ROMFORD, RM2 5JU - £860,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

45 BALGORES LANE is a small detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £907,549. It was last sold for £860,000 in April 2022, which was around 11% above the average April 2022 detached price in the Havering local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

45 BALGORES LANE Sold Prices

Land registry data shows three sales for 45 BALGORES LANE 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 45 BALGORES LANE 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
2022 14 APR	£860,000	£776,953	11% above HPI
2010 17 JUN	£545,000	£403,819	35% above HPI
2003 5 MAR	£378,000	£336,489	12% above HPI

45 BALGORES LANE 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 45 BALGORES LANE sales between March 2003 and April 2022 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 June 2010 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the April 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 45 BALGORES LANE be worth now?

45 BALGORES LANE might now be worth an estimated £907,549.

This is based on house price inflation of 5.5%, between April 2022 and February 2025, for detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.5% inflationary increase is applied to the most recent sale price for 45 BALGORES LANE of £860,000 on 14th April 2022. For the value to have increased from £860,000 to £907,549 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 45 BALGORES LANE has moved in line with the HPI for detached houses in the Havering local authority area.
• The April 2022 sale price of £860,000 represented a fair market value for the property.
• The size, condition, and specification of 45 BALGORES LANE has not materially changed since April 2022.

How Large is 45 BALGORES LANE?

45 BALGORES LANE is 107m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 45 BALGORES LANE lies on this distribution: 24% of detached houses houses are smaller than 45 BALGORES LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in London.

45 BALGORES LANE: Plot and Title Map

45 BALGORES LANE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 45 BALGORES LANE, 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 45 BALGORES LANE). 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 45 BALGORES LANE?

45 BALGORES LANE is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 45 on BALGORES LANE.