95, LAKE RISE, ROMFORD, RM1 4EF - £615,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

95 LAKE RISE is a midsized extended semi-detached house of 116m², built sometime between 1930 and 1949, which could now be worth an estimated £739,445. It was last sold for £615,000 in April 2020, which was around 40% above the average April 2020 semi-detached price in the Havering local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was C.

95 LAKE RISE Sold Prices

Land registry data shows three sales for 95 LAKE RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Havering local authority area for the corresponding sale date. All of the three 95 LAKE RISE 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
2020 1 APR	£615,000	£440,096	40% above HPI
2013 10 JUN	£395,000	£263,549	50% above HPI
2010 17 SEP	£392,000	£262,656	49% above HPI

95 LAKE RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Havering local authority area over time, sourced from the HPI. The three 95 LAKE RISE sales between September 2010 and April 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 June 2013 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the April 2020 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 95 LAKE RISE be worth now?

95 LAKE RISE might now be worth an estimated £739,445.

This is based on house price inflation of 20.2%, between April 2020 and February 2025, for semi-detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.2% inflationary increase is applied to the most recent sale price for 95 LAKE RISE of £615,000 on 1st April 2020. For the value to have increased from £615,000 to £739,445 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 95 LAKE RISE has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The April 2020 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 95 LAKE RISE has not materially changed since April 2020.

How Large is 95 LAKE RISE?

95 LAKE RISE is 116m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% of semi-detached houses houses in Romford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Romford, and where 95 LAKE RISE lies on this distribution: 45% of semi-detached houses houses are smaller than 95 LAKE RISE, and 54% of houses are larger. Note that EPC data is not available for all properties in Romford.

95 LAKE RISE: Plot and Title Map

95 LAKE RISE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 95 LAKE RISE, 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 95 LAKE RISE). 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 95 LAKE RISE?

95 LAKE RISE is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 95 on LAKE RISE.