19, NORMAN CLOSE, ROMFORD, RM5 3EJ - £355,000

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.

19 NORMAN CLOSE is a very small extended terraced house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £446,099. It was last sold for £355,000 in October 2017, which was around 2% above the average October 2017 terraced price in the Havering local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

19 NORMAN CLOSE Sold Prices

Land registry data shows four sales for 19 NORMAN CLOSE 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. Most of the four 19 NORMAN CLOSE 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
2017 27 OCT	£355,000	£349,041	2% above HPI
2010 19 FEB	£210,000	£205,184	2% above HPI
2001 10 AUG	£123,000	£115,208	7% above HPI
1995 30 JUN	£50,000	£63,373	21% below HPI

19 NORMAN CLOSE 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 19 NORMAN CLOSE sales between June 1995 and October 2017 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 2010 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2017 sale, which was also at 2% above the HPI.

What might 19 NORMAN CLOSE be worth now?

19 NORMAN CLOSE might now be worth an estimated £446,099.

This is based on house price inflation of 25.7%, between October 2017 and May 2026, 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 25.7% inflationary increase is applied to the most recent sale price for 19 NORMAN CLOSE of £355,000 on 27th October 2017. For the value to have increased from £355,000 to £446,099 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 19 NORMAN CLOSE has moved in line with the HPI for terraced houses in the Havering local authority area.
• The October 2017 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 19 NORMAN CLOSE has not materially changed since October 2017.

How Large is 19 NORMAN CLOSE?

19 NORMAN CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 19 NORMAN CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 19 NORMAN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in London.

19 NORMAN CLOSE: Plot and Title Map

19 NORMAN CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 19 NORMAN CLOSE, 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 19 NORMAN CLOSE). 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 19 NORMAN CLOSE?

19 NORMAN CLOSE is located in ROMFORD, in the RM5 postcode district. The below map shows the position of No. 19 on NORMAN CLOSE.