THE BUNGALOW, NOAK HILL ROAD, ROMFORD, RM3 7LD - £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

THE BUNGALOW is a midsized extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £600,000 in September 2022, which was around 26% below the average September 2022 detached price in the Havering local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW 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 THE BUNGALOW 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 23 SEP	£600,000	£810,448	26% below HPI
2003 26 FEB	£295,000	£335,642	12% below HPI

THE BUNGALOW 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 THE BUNGALOW sales from February 2003 and September 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 February 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 129m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where THE BUNGALOW lies on this distribution: 40% of detached houses are smaller than THE BUNGALOW, and 59% of houses are larger. Note that EPC data is not available for all properties in London.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

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