REST HAVEN, COLCHESTER ROAD, ROMFORD, RM3 0AN - £360,000

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

REST HAVEN is a small extended detached house of 106m², built sometime between 1930 and 1949. It was last sold for £360,000 in June 2013, which was around 15% below the average June 2013 detached price in the Havering local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

REST HAVEN Sold Prices

Land registry data shows two sales for REST HAVEN 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 REST HAVEN 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
2013 13 JUN	£360,000	£425,126	15% below HPI
2000 28 APR	£127,000	£211,382	40% below HPI

REST HAVEN 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 REST HAVEN sales from April 2000 and June 2013 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 April 2000 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2013 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is REST HAVEN?

REST HAVEN is 106m², which includes two extensions, according to the EPC inspection conducted in January 2010. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where REST HAVEN lies on this distribution: 24% of detached houses are smaller than REST HAVEN, and 76% of houses are larger. Note that EPC data is not available for all properties in London.

REST HAVEN: Plot and Title Map

REST HAVEN sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of REST HAVEN, 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 REST HAVEN). 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 REST HAVEN?

REST HAVEN is located on COLCHESTER ROAD in ROMFORD, in the RM3 postcode district. The below map shows the position of REST HAVEN on COLCHESTER ROAD.