1, CHERRY STREET, ROMFORD, RM7 7LL - £495,000

1 CHERRY STREET is a small detached house of 97m², built sometime between 1930 and 1949. It was last sold for £495,000 in October 2023, which was around 39% below the average October 2023 detached price in the Havering local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

1 CHERRY STREET Sold Prices

Land registry data shows four sales for 1 CHERRY STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the four 1 CHERRY STREET 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
2023 26 OCT	£495,000	£805,294	39% below HPI
2021 19 FEB	£475,000	£722,616	34% below HPI
2007 2 FEB	£215,500	£395,828	46% below HPI
1999 14 APR	£105,000	£177,528	41% below HPI

1 CHERRY STREET 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 four 1 CHERRY STREET sales between April 1999 and October 2023 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 2021 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 CHERRY STREET?

1 CHERRY STREET is 97m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 1 CHERRY STREET lies on this distribution: 27% of detached houses are smaller than 1 CHERRY STREET, and 72% of houses are larger. Note that EPC data is not available for all properties in Romford.

1 CHERRY STREET: Plot and Title Map

1 CHERRY STREET sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 1 CHERRY STREET, 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 1 CHERRY STREET). 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 1 CHERRY STREET?

1 CHERRY STREET is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 1 on CHERRY STREET.