55, HEATH DRIVE, ROMFORD, RM2 5QP - £925,000

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

55 HEATH DRIVE is a large extended detached house of 198m², built sometime between 1950 and 1966. It was last sold for £925,000 in July 2018, which was around 30% above the average July 2018 detached price in the Havering local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

55 HEATH DRIVE Sold Prices

Land registry data shows two sales for 55 HEATH 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 55 HEATH DRIVE 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
2018 13 JUL	£925,000	£708,815	30% above HPI
2000 31 JAN	£338,000	£199,989	69% above HPI

55 HEATH 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 55 HEATH DRIVE sales from January 2000 and July 2018 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 2000 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the July 2018 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 55 HEATH DRIVE?

55 HEATH DRIVE is 198m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the largest 30% 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 HEATH DRIVE lies on this distribution: 74% of detached houses are smaller than 55 HEATH DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in London.

55 HEATH DRIVE: Plot and Title Map

55 HEATH DRIVE sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of 55 HEATH 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 55 HEATH 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 55 HEATH DRIVE?

55 HEATH DRIVE is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 55 on HEATH DRIVE.