108, LAKE RISE, ROMFORD, RM1 4EE - £700,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

108 LAKE RISE is a midsized extended terraced house of 116m², built sometime between 1930 and 1949, which could now be worth an estimated £710,411. It was last sold for £700,000 in November 2022, which was around 66% above the average November 2022 terraced price in the Havering local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was B.

108 LAKE RISE Sold Prices

Land registry data shows four sales for 108 LAKE RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Havering local authority area for the corresponding sale date. All of the four 108 LAKE RISE sales were for above 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 30 NOV	£700,000	£420,626	66% above HPI
2018 27 APR	£518,000	£352,282	47% above HPI
2016 16 DEC	£500,000	£332,609	50% above HPI
2013 14 AUG	£300,000	£216,552	39% above HPI

108 LAKE RISE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Havering local authority area over time, sourced from the HPI. The four 108 LAKE RISE sales between August 2013 and November 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 April 2018 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2022 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 108 LAKE RISE be worth now?

108 LAKE RISE might now be worth an estimated £710,411.

This is based on house price inflation of 1.5%, between November 2022 and June 2025, for terraced houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% inflationary increase is applied to the most recent sale price for 108 LAKE RISE of £700,000 on 30th November 2022. For the value to have increased from £700,000 to £710,411 over the three years and five months to June 2025, the following assumptions must hold true:

• The value of 108 LAKE RISE has moved in line with the HPI for terraced houses in the Havering local authority area.
• The November 2022 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 108 LAKE RISE has not materially changed since November 2022.

How Large is 108 LAKE RISE?

108 LAKE RISE is 116m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of terraced houses houses in Romford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Romford, and where 108 LAKE RISE lies on this distribution: 44% of terraced houses houses are smaller than 108 LAKE RISE, and 55% of houses are larger. Note that EPC data is not available for all properties in Romford.

108 LAKE RISE: Plot and Title Map

108 LAKE RISE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 108 LAKE RISE, 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 108 LAKE RISE). 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 108 LAKE RISE?

108 LAKE RISE is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 108 on LAKE RISE.