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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

54 LAWNS WAY is a very small detached house of 68m², built sometime between 1930 and 1949. It was last sold for £335,000 in August 2015, which was around 40% 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	£555,719	40% below HPI
2010 1 NOV	£240,000	£419,993	43% below HPI
2001 23 MAY	£158,000	£237,993	34% 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 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2015 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

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 in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 54 LAWNS WAY lies on this distribution: 3% of detached 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.