84, PETTITS LANE, ROMFORD, RM1 4ER - £525,000

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

84 PETTITS LANE is a very large extended detached house of 235m², built sometime between 1930 and 1949. It was last sold for £525,000 in August 2015, which was around 6% below the average August 2015 detached price in the Havering local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

84 PETTITS LANE Sold Prices

Land registry data shows two sales for 84 PETTITS LANE 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. One of the two 84 PETTITS LANE sales was for below the average price, whilst the other was 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
2015 13 AUG	£525,000	£555,719	6% below HPI
2004 24 SEP	£400,000	£367,943	9% above HPI

84 PETTITS LANE 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 84 PETTITS LANE sales from September 2004 and August 2015 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 September 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 84 PETTITS LANE?

84 PETTITS LANE is 235m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 84 PETTITS LANE lies on this distribution: 96% of detached houses are smaller than 84 PETTITS LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Romford.

84 PETTITS LANE: Plot and Title Map

84 PETTITS LANE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 84 PETTITS LANE, 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 84 PETTITS LANE). 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 84 PETTITS LANE?

84 PETTITS LANE is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 84 on PETTITS LANE.