1A, SHEPHERDS CLOSE, ROMFORD, RM6 5AD - £385,000

1A SHEPHERDS CLOSE is a very small detached house of 64m², built sometime from 2007 onwards. It was last sold for £385,000 in February 2022, which was around 62% below the average February 2022 detached price in the Redbridge local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

1A SHEPHERDS CLOSE Sold Prices

Land registry data shows two sales for 1A SHEPHERDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. Both of the two 1A SHEPHERDS CLOSE 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
2022 25 FEB	£385,000	£1,025,926	62% below HPI
2009 16 APR	£249,995	£439,363	43% below HPI

1A SHEPHERDS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The two 1A SHEPHERDS CLOSE sales from April 2009 and February 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 2009 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2022 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is 1A SHEPHERDS CLOSE?

1A SHEPHERDS CLOSE is 64m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 1A SHEPHERDS CLOSE lies on this distribution: 3% of detached houses are smaller than 1A SHEPHERDS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

1A SHEPHERDS CLOSE: Plot and Title Map

1A SHEPHERDS CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 1A SHEPHERDS 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 1A SHEPHERDS 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 1A SHEPHERDS CLOSE?

1A SHEPHERDS CLOSE is located in ROMFORD, in the RM6 postcode district. The below map shows the position of No. 1A on SHEPHERDS CLOSE.