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
72 MAIN ROAD is a small detached house of 105m², built sometime between 1930 and 1949. It was last sold for £567,000 in July 2020, which was around 20% below the average July 2020 detached price in the Havering local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows six sales for 72 MAIN ROAD since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the six 72 MAIN 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 |
---|---|---|---|
2020 13 JUL | £567,000 | £712,378 | 20% below HPI |
2014 9 MAY | £450,000 | £478,454 | 6% below HPI |
2004 2 DEC | £360,000 | £373,328 | 4% below HPI |
2004 20 APR | £300,000 | £355,592 | 16% below HPI |
1995 2 OCT | £91,000 | £130,861 | 30% below HPI |
1995 16 FEB | £80,000 | £133,783 | 40% below HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The six 72 MAIN ROAD sales between February 1995 and July 2020 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 May 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
72 MAIN ROAD is 105m² according to the EPC inspection conducted in June 2013. 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 72 MAIN ROAD lies on this distribution: 34% of detached houses are smaller than 72 MAIN ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Romford.
72 MAIN ROAD sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 72 MAIN 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 MAIN 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.
72 MAIN ROAD is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 72 on MAIN ROAD.