5, PARKLAND AVENUE, ROMFORD, RM1 4EL - £630,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 PARKLAND AVENUE is a large extended detached house of 153m², built sometime between 1930 and 1949, which could now be worth an estimated £976,058. It was last sold for £630,000 in June 2015, which was around 19% above the average June 2015 detached price in the Havering local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

5 PARKLAND AVENUE Sold Prices

Land registry data shows two sales for 5 PARKLAND AVENUE 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. One of the two 5 PARKLAND AVENUE sales was for above the average price, whilst the other was 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 1 JUN	£630,000	£531,580	19% above HPI
2001 30 MAY	£199,000	£235,486	15% below HPI

5 PARKLAND AVENUE 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 PARKLAND AVENUE sales from May 2001 and June 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 May 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2015 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 5 PARKLAND AVENUE be worth now?

5 PARKLAND AVENUE might now be worth an estimated £976,058.

This is based on house price inflation of 54.9%, between June 2015 and March 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 54.9% inflationary increase is applied to the most recent sale price for 5 PARKLAND AVENUE of £630,000 on 1st June 2015. For the value to have increased from £630,000 to £976,058 over the ten years and three months to March 2025, the following assumptions must hold true:

• The value of 5 PARKLAND AVENUE has moved in line with the HPI for detached houses in the Havering local authority area.
• The June 2015 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARKLAND AVENUE has not materially changed since June 2015.

How Large is 5 PARKLAND AVENUE?

5 PARKLAND AVENUE is 153m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the largest 30% of detached houses houses in Romford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Romford, and where 5 PARKLAND AVENUE lies on this distribution: 69% of detached houses houses are smaller than 5 PARKLAND AVENUE, and 29% of houses are larger. Note that EPC data is not available for all properties in Romford.

5 PARKLAND AVENUE: Plot and Title Map

5 PARKLAND AVENUE sits on a plot of roughly 0.204 of an acre, or 826m². The below map shows the location of 5 PARKLAND AVENUE, 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 PARKLAND AVENUE). 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 PARKLAND AVENUE?

5 PARKLAND AVENUE is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 5 on PARKLAND AVENUE.