5, ESSEX CLOSE, ROMFORD, RM7 8BD - £480,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

5 ESSEX CLOSE is a small extended semi-detached house of 98m², built sometime between 1950 and 1966. It was last sold for £480,000 in September 2021, which was around 35% below the average September 2021 detached price in the Havering local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was C.

5 ESSEX CLOSE Sold Prices

Land registry data shows two sales for 5 ESSEX CLOSE 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 5 ESSEX CLOSE 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
2021 24 SEP	£480,000	£740,103	35% below HPI
1998 15 MAY	£107,500	£166,584	35% below HPI

5 ESSEX CLOSE 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 5 ESSEX CLOSE sales from May 1998 and September 2021 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 May 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2021 sale, which was also at 35% below the HPI.

How Large is 5 ESSEX CLOSE?

5 ESSEX CLOSE is 98m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 5 ESSEX CLOSE lies on this distribution: 27% of detached houses are smaller than 5 ESSEX CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Romford.

5 ESSEX CLOSE: Plot and Title Map

5 ESSEX CLOSE sits on a plot of roughly 0.045 of an acre, or 180m². The below map shows the location of 5 ESSEX CLOSE, 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 ESSEX CLOSE). 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 ESSEX CLOSE?

5 ESSEX CLOSE is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 5 on ESSEX CLOSE.