114, ESSEX ROAD, ROMFORD, RM7 8AX - £430,000

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.

114 ESSEX ROAD is a very small extended terraced house of 80m², built sometime between 1930 and 1949, which could now be worth an estimated £485,887. It was last sold for £430,000 in October 2021, which was around 14% above the average October 2021 terraced price in the Havering local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

114 ESSEX ROAD Sold Prices

Land registry data shows two sales for 114 ESSEX ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Havering local authority area for the corresponding sale date. Both of the two 114 ESSEX ROAD 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
2021 8 OCT	£430,000	£377,782	14% above HPI
2007 30 JAN	£228,000	£203,360	12% above HPI

114 ESSEX ROAD 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 two 114 ESSEX ROAD sales from January 2007 and October 2021 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 January 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 114 ESSEX ROAD be worth now?

114 ESSEX ROAD might now be worth an estimated £485,887.

This is based on house price inflation of 13%, between October 2021 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 13% inflationary increase is applied to the most recent sale price for 114 ESSEX ROAD of £430,000 on 8th October 2021. For the value to have increased from £430,000 to £485,887 over the four years and four months to June 2025, the following assumptions must hold true:

• The value of 114 ESSEX ROAD has moved in line with the HPI for terraced houses in the Havering local authority area.
• The October 2021 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 114 ESSEX ROAD has not materially changed since October 2021.

How Large is 114 ESSEX ROAD?

114 ESSEX ROAD is 80m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% 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 114 ESSEX ROAD lies on this distribution: 11% of terraced houses houses are smaller than 114 ESSEX ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Romford.

114 ESSEX ROAD: Plot and Title Map

114 ESSEX ROAD sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 114 ESSEX ROAD, 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 114 ESSEX ROAD). 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 114 ESSEX ROAD?

114 ESSEX ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 114 on ESSEX ROAD.