57, CROSSWAYS, ROMFORD, RM2 6AJ - £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

57 CROSSWAYS is a very small detached house of 47m², built sometime between 1930 and 1949. It was last sold for £500,000 in June 2022, which was around 37% below the average June 2022 detached price in the Havering local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

57 CROSSWAYS Sold Prices

Land registry data shows two sales for 57 CROSSWAYS 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 57 CROSSWAYS 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 10 JUN	£500,000	£789,758	37% below HPI
1996 15 AUG	£75,000	£135,591	45% below HPI

57 CROSSWAYS 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 57 CROSSWAYS sales from August 1996 and June 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 August 1996 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 57 CROSSWAYS?

57 CROSSWAYS is 47m² according to the EPC inspection conducted in November 2018. 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 57 CROSSWAYS lies on this distribution: Less than 1% of detached houses are smaller than 57 CROSSWAYS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in London.

57 CROSSWAYS: Plot and Title Map

57 CROSSWAYS sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 57 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 57 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.

Where is 57 CROSSWAYS?

57 CROSSWAYS is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 57 on CROSSWAYS.