56, GROSVENOR ROAD, ROMFORD, RM7 0QT - £500,000

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

56 GROSVENOR ROAD is a small extended semi-detached house of 108m², built sometime between 1930 and 1949. It was last sold for £500,000 in February 2022, which was around 35% below the average February 2022 detached price in the Havering local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

56 GROSVENOR ROAD Sold Prices

Land registry data shows three sales for 56 GROSVENOR ROAD 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 56 GROSVENOR ROAD 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
2022 16 FEB	£500,000	£770,714	35% below HPI
2014 30 SEP	£314,995	£511,282	38% below HPI
1997 28 MAY	£69,000	£144,516	52% below HPI

56 GROSVENOR ROAD 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 GROSVENOR ROAD sales between May 1997 and February 2022 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 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 56 GROSVENOR ROAD?

56 GROSVENOR ROAD is 108m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 56 GROSVENOR ROAD lies on this distribution: 38% of detached houses are smaller than 56 GROSVENOR ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Romford.

56 GROSVENOR ROAD: Plot and Title Map

56 GROSVENOR ROAD sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 56 GROSVENOR ROAD, 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 GROSVENOR ROAD). 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 GROSVENOR ROAD?

56 GROSVENOR ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 56 on GROSVENOR ROAD.