47, HEATH DRIVE, ROMFORD, RM2 5QL - £1,055,000

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

47 HEATH DRIVE is a large extended detached house of 204m², built sometime between 1900 and 1929. It was last sold for £1,055,000 in July 2019, which was around 52% above the average July 2019 detached price in the Havering local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was D.

47 HEATH DRIVE Sold Prices

Land registry data shows four sales for 47 HEATH DRIVE 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 47 HEATH DRIVE 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
2019 12 JUL	£1,055,000	£695,878	52% above HPI
2007 30 NOV	£880,000	£441,636	99% above HPI
2000 18 JAN	£395,000	£199,989	98% above HPI
1995 17 JUL	£236,000	£132,133	79% above HPI

47 HEATH DRIVE 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 47 HEATH DRIVE sales between July 1995 and July 2019 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 2007 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the July 2019 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 47 HEATH DRIVE?

47 HEATH DRIVE is 204m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 47 HEATH DRIVE lies on this distribution: 76% of detached houses are smaller than 47 HEATH DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in London.

47 HEATH DRIVE: Plot and Title Map

47 HEATH DRIVE sits on a plot of roughly 0.175 of an acre, or 707m². The below map shows the location of 47 HEATH DRIVE, 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 47 HEATH DRIVE). 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 47 HEATH DRIVE?

47 HEATH DRIVE is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 47 on HEATH DRIVE.