5, SORREL WALK, ROMFORD, RM1 4EX - £481,000

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

5 SORREL WALK is a small extended detached house of 94m², built sometime between 1976 and 1982. It was last sold for £481,000 in September 2019, which was around 31% below the average September 2019 detached price in the Havering local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

5 SORREL WALK Sold Prices

Land registry data shows two sales for 5 SORREL WALK 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 SORREL WALK 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
2019 9 SEP	£481,000	£695,220	31% below HPI
2012 6 JAN	£250,000	£418,013	40% below HPI

5 SORREL WALK 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 SORREL WALK sales from January 2012 and September 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 January 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 5 SORREL WALK?

5 SORREL WALK is 94m², which includes one extension, according to the EPC inspection conducted in October 2018. 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 SORREL WALK lies on this distribution: 23% of detached houses are smaller than 5 SORREL WALK, and 76% of houses are larger. Note that EPC data is not available for all properties in Romford.

5 SORREL WALK: Plot and Title Map

5 SORREL WALK sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 5 SORREL WALK, 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 SORREL WALK). 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 SORREL WALK?

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