16, HOMEWAY, ROMFORD, RM3 0HD - £510,000

16 HOMEWAY is a midsized detached house of 132m². It was last sold for £510,000 in November 2019, which was around 27% below the average November 2019 detached price in the Havering local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was A.

16 HOMEWAY Sold Prices

Land registry data shows two sales for 16 HOMEWAY 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 16 HOMEWAY 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
2019 19 NOV	£510,000	£694,831	27% below HPI
2013 27 JUN	£195,000	£425,126	54% below HPI

16 HOMEWAY 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 16 HOMEWAY sales from June 2013 and November 2019 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 June 2013 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the November 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 16 HOMEWAY?

16 HOMEWAY is 132m² according to the EPC inspection conducted in October 2018. 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 16 HOMEWAY lies on this distribution: 42% of detached houses are smaller than 16 HOMEWAY, and 57% of houses are larger. Note that EPC data is not available for all properties in London.

16 HOMEWAY: Plot and Title Map

16 HOMEWAY sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 16 HOMEWAY, 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 16 HOMEWAY). 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 16 HOMEWAY?

16 HOMEWAY is located in ROMFORD, in the RM3 postcode district. The below map shows the position of No. 16 on HOMEWAY.