54, LAWNS WAY, ROMFORD, RM5 3TH - £335,000

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.

54 LAWNS WAY is a very small detached house of 68m², built sometime between 1930 and 1949, which could now be worth an estimated £499,521. It was last sold for £335,000 in August 2015, which was around 39% below the average August 2015 detached price in the Havering local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

54 LAWNS WAY Sold Prices

Land registry data shows three sales for 54 LAWNS WAY 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 54 LAWNS WAY 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
2015 3 AUG	£335,000	£549,866	39% below HPI
2010 1 NOV	£240,000	£415,569	42% below HPI
2001 23 MAY	£158,000	£235,486	33% below HPI

54 LAWNS WAY 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 54 LAWNS WAY sales between May 2001 and August 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 November 2010 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2015 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 54 LAWNS WAY be worth now?

54 LAWNS WAY might now be worth an estimated £499,521.

This is based on house price inflation of 49.1%, between August 2015 and February 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 49.1% inflationary increase is applied to the most recent sale price for 54 LAWNS WAY of £335,000 on 3rd August 2015. For the value to have increased from £335,000 to £499,521 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 54 LAWNS WAY has moved in line with the HPI for detached houses in the Havering local authority area.
• The August 2015 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 54 LAWNS WAY has not materially changed since August 2015.

How Large is 54 LAWNS WAY?

54 LAWNS WAY is 68m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 54 LAWNS WAY lies on this distribution: 3% of detached houses houses are smaller than 54 LAWNS WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

54 LAWNS WAY: Plot and Title Map

54 LAWNS WAY sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 54 LAWNS WAY, 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 54 LAWNS WAY). 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 54 LAWNS WAY?

54 LAWNS WAY is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 54 on LAWNS WAY.