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
55 CROSSWAYS is a large extended detached house of 175m², built sometime between 1930 and 1949. It was last sold for £933,800 in January 2024, which was around 19% above the average January 2024 detached price in the Havering local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows five sales for 55 CROSSWAYS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the five 55 CROSSWAYS 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 |
---|---|---|---|
2024 4 JAN | £933,800 | £781,688 | 19% above HPI |
2014 30 MAY | £675,000 | £478,454 | 41% above HPI |
2006 30 MAY | £580,000 | £373,350 | 55% above HPI |
2001 23 MAR | £396,000 | £234,551 | 69% above HPI |
1997 29 AUG | £238,000 | £151,212 | 57% above HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The five 55 CROSSWAYS sales between August 1997 and January 2024 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 May 2014 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the January 2024 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.
55 CROSSWAYS is 175m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 55 CROSSWAYS lies on this distribution: 66% of detached houses are smaller than 55 CROSSWAYS, and 34% of houses are larger. Note that EPC data is not available for all properties in London.
55 CROSSWAYS sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 55 CROSSWAYS, 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 55 CROSSWAYS). 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.
55 CROSSWAYS is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 55 on CROSSWAYS.