97, PETTITS LANE, ROMFORD, RM1 4ER - £600,000

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

97 PETTITS LANE is a large extended detached house of 149m², built sometime between 1930 and 1949. It was last sold for £600,000 in August 2011, which was around 45% above the average August 2011 detached price in the Havering local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

97 PETTITS LANE Sold Prices

Land registry data shows three sales for 97 PETTITS LANE 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. Two of the three 97 PETTITS LANE sales were for above the average price, whilst one was 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
2011 30 AUG	£600,000	£413,631	45% above HPI
2001 19 FEB	£60,000	£233,985	74% below HPI
1998 21 MAY	£191,500	£166,584	15% above HPI

97 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 three 97 PETTITS LANE sales between May 1998 and August 2011 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 February 2001 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the August 2011 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 97 PETTITS LANE?

97 PETTITS LANE is 149m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 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 97 PETTITS LANE lies on this distribution: 68% of detached houses are smaller than 97 PETTITS LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Romford.

97 PETTITS LANE: Plot and Title Map

97 PETTITS LANE sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of 97 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 97 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 97 PETTITS LANE?

97 PETTITS LANE is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 97 on PETTITS LANE.