6, MERLIN ROAD, ROMFORD, RM5 3YA - £495,000

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

6 MERLIN ROAD is a very small extended detached house of 88m², built sometime between 1930 and 1949. It was last sold for £495,000 in June 2021, which was around 31% below the average June 2021 detached price in the Havering local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.

6 MERLIN ROAD Sold Prices

Land registry data shows three sales for 6 MERLIN 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 6 MERLIN 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
2021 25 JUN	£495,000	£719,587	31% below HPI
2009 6 NOV	£206,000	£389,699	47% below HPI
2006 29 SEP	£175,000	£390,288	55% below HPI

6 MERLIN 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 6 MERLIN ROAD sales between September 2006 and June 2021 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 November 2009 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 6 MERLIN ROAD?

6 MERLIN ROAD is 88m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 6 MERLIN ROAD lies on this distribution: 12% of detached houses are smaller than 6 MERLIN ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in London.

6 MERLIN ROAD: Plot and Title Map

6 MERLIN ROAD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 6 MERLIN 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 6 MERLIN 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 6 MERLIN ROAD?

6 MERLIN ROAD is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 6 on MERLIN ROAD.