8, ACADEMY FIELDS ROAD, ROMFORD, RM2 5UN - £525,000

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

8 ACADEMY FIELDS ROAD is a very large detached house of 175m², built sometime between 2003 and 2006. It was last sold for £525,000 in May 2014, which was around 10% above the average May 2014 detached price in the Havering local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

8 ACADEMY FIELDS ROAD Sold Prices

Land registry data shows two sales for 8 ACADEMY FIELDS ROAD 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 8 ACADEMY FIELDS ROAD sales were for above 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 23 MAY	£525,000	£478,454	10% above HPI
2004 22 APR	£494,950	£355,592	39% above HPI

8 ACADEMY FIELDS 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 two 8 ACADEMY FIELDS ROAD sales from April 2004 and May 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 April 2004 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the May 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 8 ACADEMY FIELDS ROAD?

8 ACADEMY FIELDS ROAD is 175m² according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 8 ACADEMY FIELDS ROAD lies on this distribution: 83% of detached houses are smaller than 8 ACADEMY FIELDS ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Romford.

8 ACADEMY FIELDS ROAD: Plot and Title Map

8 ACADEMY FIELDS ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 8 ACADEMY FIELDS 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 8 ACADEMY FIELDS 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 8 ACADEMY FIELDS ROAD?

8 ACADEMY FIELDS ROAD is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 8 on ACADEMY FIELDS ROAD.