5, AVELON ROAD, ROMFORD, RM5 3XU - £347,500

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

5 AVELON ROAD is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £347,500 in December 2015, which was around 42% below the average December 2015 detached price in the Havering local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

5 AVELON ROAD Sold Prices

Land registry data shows three sales for 5 AVELON ROAD 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 5 AVELON 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
2015 11 DEC	£347,500	£596,622	42% below HPI
2006 20 DEC	£220,000	£391,117	44% below HPI
2002 21 MAR	£141,000	£269,209	48% below HPI

5 AVELON 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 three 5 AVELON ROAD sales between March 2002 and December 2015 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 December 2006 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2015 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 5 AVELON ROAD?

5 AVELON ROAD is 65m² according to the EPC inspection conducted in January 2012. 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 5 AVELON ROAD lies on this distribution: 3% of detached houses are smaller than 5 AVELON ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

5 AVELON ROAD: Plot and Title Map

5 AVELON ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 5 AVELON 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 5 AVELON 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 5 AVELON ROAD?

5 AVELON ROAD is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 5 on AVELON ROAD.