48, INGREWAY, ROMFORD, RM3 0BW - £295,000

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

48 INGREWAY is a very small extended detached house of 66m². It was last sold for £295,000 in May 2006, which was around 21% below the average May 2006 detached price in the Havering local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was D.

48 INGREWAY Sold Prices

Land registry data shows two sales for 48 INGREWAY 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 48 INGREWAY 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 5 MAY	£295,000	£373,350	21% below HPI
2001 24 OCT	£120,000	£262,607	54% below HPI

48 INGREWAY 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 48 INGREWAY sales from October 2001 and May 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 October 2001 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the May 2006 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 48 INGREWAY?

48 INGREWAY is 66m², which includes one extension, according to the EPC inspection conducted in November 2009. 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 48 INGREWAY lies on this distribution: 3% of detached houses are smaller than 48 INGREWAY, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

48 INGREWAY: Plot and Title Map

48 INGREWAY sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 48 INGREWAY, 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 48 INGREWAY). 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 48 INGREWAY?

48 INGREWAY is located in ROMFORD, in the RM3 postcode district. The below map shows the position of No. 48 on INGREWAY.