50, DAVID DRIVE, ROMFORD, RM3 0XX - £420,000

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

50 DAVID DRIVE is a very small detached house of 47m², built sometime between 1950 and 1966. It was last sold for £420,000 in June 2022, which was around 47% below the average June 2022 detached price in the Havering local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

50 DAVID DRIVE Sold Prices

Land registry data shows two sales for 50 DAVID DRIVE 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 50 DAVID DRIVE 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
2022 17 JUN	£420,000	£789,758	47% below HPI
2001 3 SEP	£110,000	£257,840	57% below HPI

50 DAVID DRIVE 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 50 DAVID DRIVE sales from September 2001 and June 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 September 2001 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the June 2022 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 50 DAVID DRIVE?

50 DAVID DRIVE is 47m² according to the EPC inspection conducted in October 2021. 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 50 DAVID DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 50 DAVID DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in London.

50 DAVID DRIVE: Plot and Title Map

50 DAVID DRIVE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 50 DAVID DRIVE, 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 50 DAVID DRIVE). 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 50 DAVID DRIVE?

50 DAVID DRIVE is located in ROMFORD, in the RM3 postcode district. The below map shows the position of No. 50 on DAVID DRIVE.