GREYSTONES, NOAK HILL ROAD, ROMFORD, RM3 7LL - £540,000

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

GREYSTONES is a very small extended detached house of 77m², built sometime between 1930 and 1949. It was last sold for £540,000 in May 2022, which was around 32% below the average May 2022 detached price in the Havering local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

GREYSTONES Sold Prices

Land registry data shows two sales for GREYSTONES 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 GREYSTONES 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
2022 19 MAY	£540,000	£791,263	32% below HPI
2016 30 JUN	£430,000	£636,395	32% below HPI

GREYSTONES 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 GREYSTONES sales from June 2016 and May 2022 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 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2022 sale, which was also at 32% below the HPI.

How Large is GREYSTONES?

GREYSTONES is 77m², which includes one extension, according to the EPC inspection conducted in September 2015. 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 GREYSTONES lies on this distribution: 6% of detached houses are smaller than GREYSTONES, and 93% of houses are larger. Note that EPC data is not available for all properties in London.

GREYSTONES: Plot and Title Map

GREYSTONES sits on a plot of roughly 0.244 of an acre, or 987m². The below map shows the location of GREYSTONES, 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 GREYSTONES). 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 GREYSTONES?

GREYSTONES is located on NOAK HILL ROAD in ROMFORD, in the RM3 postcode district. The below map shows the position of GREYSTONES on NOAK HILL ROAD.