56, BALGORES LANE, ROMFORD, RM2 5JU - £650,000

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

56 BALGORES LANE is a small detached house of 101m², built sometime between 1930 and 1949. It was last sold for £650,000 in May 2019, which was around 5% below the average May 2019 detached price in the Havering local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

56 BALGORES LANE Sold Prices

Land registry data shows three sales for 56 BALGORES LANE 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. Two of the three 56 BALGORES LANE sales were for below the average price, whilst one was 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
2019 7 MAY	£650,000	£686,806	5% below HPI
2009 25 SEP	£484,000	£381,389	27% above HPI
1998 21 AUG	£164,000	£172,066	5% below HPI

56 BALGORES LANE 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 56 BALGORES LANE sales between August 1998 and May 2019 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 2009 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 56 BALGORES LANE?

56 BALGORES LANE is 101m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 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 56 BALGORES LANE lies on this distribution: 21% of detached houses are smaller than 56 BALGORES LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in London.

56 BALGORES LANE: Plot and Title Map

56 BALGORES LANE sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of 56 BALGORES LANE, 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 56 BALGORES LANE). 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 56 BALGORES LANE?

56 BALGORES LANE is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 56 on BALGORES LANE.