13, PHILAN WAY, ROMFORD, RM5 3YT - £465,000

13 PHILAN WAY is a very small detached house of 91m², built sometime between 1950 and 1966. It was last sold for £465,000 in June 2021, which was around 38% below the average June 2021 detached price in the Havering local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

13 PHILAN WAY Sold Prices

Land registry data shows two sales for 13 PHILAN WAY 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 13 PHILAN WAY 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
2021 15 JUN	£465,000	£745,780	38% below HPI
1997 17 JAN	£103,500	£138,923	25% below HPI

13 PHILAN WAY 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 13 PHILAN WAY sales from January 1997 and June 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 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 13 PHILAN WAY?

13 PHILAN WAY is 91m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 13 PHILAN WAY lies on this distribution: 14% of detached houses are smaller than 13 PHILAN WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in London.

13 PHILAN WAY: Plot and Title Map

13 PHILAN WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 13 PHILAN WAY, 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 13 PHILAN WAY). 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 13 PHILAN WAY?

13 PHILAN WAY is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 13 on PHILAN WAY.