72, FOREST ROAD, ROMFORD, RM7 8DT - £280,000

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

72 FOREST ROAD is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £280,000 in November 2014, which was around 46% below the average November 2014 detached price in the Havering local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

72 FOREST ROAD Sold Prices

Land registry data shows three sales for 72 FOREST 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 72 FOREST 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
2014 7 NOV	£280,000	£518,213	46% below HPI
2006 1 AUG	£230,000	£386,020	40% below HPI
1998 26 JUN	£80,000	£169,627	53% below HPI

72 FOREST 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 72 FOREST ROAD sales between June 1998 and November 2014 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 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2014 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 72 FOREST ROAD?

72 FOREST ROAD is 96m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 72 FOREST ROAD lies on this distribution: 26% of detached houses are smaller than 72 FOREST ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Romford.

72 FOREST ROAD: Plot and Title Map

72 FOREST ROAD sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 72 FOREST 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 72 FOREST 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 72 FOREST ROAD?

72 FOREST ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 72 on FOREST ROAD.