5, WAYSIDE CLOSE, ROMFORD, RM1 4ES - £780,000

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 WAYSIDE CLOSE is a very large extended semi-detached house of 192m², built sometime between 1930 and 1949. It was last sold for £780,000 in January 2022, which was around 1% above the average January 2022 detached price in the Havering local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

5 WAYSIDE CLOSE Sold Prices

Land registry data shows three sales for 5 WAYSIDE CLOSE 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 WAYSIDE CLOSE sales were for above 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
2022 7 JAN	£780,000	£768,754	1% above HPI
2015 9 JAN	£582,500	£525,413	11% above HPI
2007 27 JUL	£495,000	£427,348	16% above HPI

5 WAYSIDE 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 three 5 WAYSIDE CLOSE sales between July 2007 and January 2022 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 2015 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 5 WAYSIDE CLOSE?

5 WAYSIDE CLOSE is 192m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 20% 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 WAYSIDE CLOSE lies on this distribution: 88% of detached houses are smaller than 5 WAYSIDE CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Romford.

5 WAYSIDE CLOSE: Plot and Title Map

5 WAYSIDE CLOSE sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of 5 WAYSIDE 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 WAYSIDE 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 WAYSIDE CLOSE?

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