57, LAWNS WAY, ROMFORD, RM5 3TH - £740,000

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

57 LAWNS WAY is a small extended detached house of 126m², built sometime between 1950 and 1966. It was last sold for £740,000 in May 2023, which was around 8% below the average May 2023 detached price in the Havering local authority area. The most recent EPC inspection was February 2023, where the current energy rating was G, and the potential energy rating was E.

57 LAWNS WAY Sold Prices

Land registry data shows three sales for 57 LAWNS WAY 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 57 LAWNS WAY 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
2023 9 MAY	£740,000	£806,422	8% below HPI
2020 9 OCT	£505,000	£709,728	29% below HPI
1996 4 MAR	£89,000	£133,407	33% below HPI

57 LAWNS WAY 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 57 LAWNS WAY sales between March 1996 and May 2023 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 October 2020 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 57 LAWNS WAY?

57 LAWNS WAY is 126m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the smallest 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 57 LAWNS WAY lies on this distribution: 38% of detached houses are smaller than 57 LAWNS WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in London.

57 LAWNS WAY: Plot and Title Map

57 LAWNS WAY sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 57 LAWNS WAY, 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 LAWNS WAY). 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 LAWNS WAY?

57 LAWNS WAY is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 57 on LAWNS WAY.