FOREST VIEW, COLLIER ROW ROAD, ROMFORD, RM5 2BH - £350,000

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

FOREST VIEW is a very small extended detached house of 81m², built sometime between 1900 and 1929. It was last sold for £350,000 in December 2015, which was around 23% below the average December 2015 detached price in the Barking and Dagenham local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was E.

FOREST VIEW Sold Prices

Land registry data shows two sales for FOREST VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Barking and Dagenham local authority area for the corresponding sale date. Both of the two FOREST VIEW 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
2015 9 DEC	£350,000	£451,748	23% below HPI
2002 8 JUL	£150,000	£211,635	29% below HPI

FOREST VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Barking and Dagenham local authority area over time, sourced from the HPI. The two FOREST VIEW sales from July 2002 and December 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 July 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is FOREST VIEW?

FOREST VIEW is 81m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where FOREST VIEW lies on this distribution: 8% of detached houses are smaller than FOREST VIEW, and 92% of houses are larger. Note that EPC data is not available for all properties in London.

FOREST VIEW: Plot and Title Map

FOREST VIEW sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of FOREST VIEW, 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 FOREST VIEW). 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 FOREST VIEW?

FOREST VIEW is located on COLLIER ROW ROAD in ROMFORD, in the RM5 postcode district. The below map shows the position of FOREST VIEW on COLLIER ROW ROAD.