28, ABBOTTS CLOSE, ROMFORD, RM7 8QU - £350,400

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.

28 ABBOTTS CLOSE is a very small terraced house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £418,734. It was last sold for £350,400 in June 2020, which was around 2% below the average June 2020 terraced price in the Havering local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

28 ABBOTTS CLOSE Sold Prices

Land registry data shows two sales for 28 ABBOTTS CLOSE 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 28 ABBOTTS 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
2020 25 JUN	£350,400	£357,218	2% below HPI
2016 23 SEP	£310,000	£340,631	9% below HPI

28 ABBOTTS 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 two 28 ABBOTTS CLOSE sales from September 2016 and June 2020 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 September 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 28 ABBOTTS CLOSE be worth now?

28 ABBOTTS CLOSE might now be worth an estimated £418,734.

This is based on house price inflation of 19.5%, between June 2020 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 19.5% inflationary increase is applied to the most recent sale price for 28 ABBOTTS CLOSE of £350,400 on 25th June 2020. For the value to have increased from £350,400 to £418,734 over the five years to June 2025, the following assumptions must hold true:

• The value of 28 ABBOTTS CLOSE has moved in line with the HPI for terraced houses in the Havering local authority area.
• The June 2020 sale price of £350,400 represented a fair market value for the property.
• The size, condition, and specification of 28 ABBOTTS CLOSE has not materially changed since June 2020.

How Large is 28 ABBOTTS CLOSE?

28 ABBOTTS CLOSE is 86m² according to the EPC inspection conducted in May 2016. 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 28 ABBOTTS CLOSE lies on this distribution: 16% of terraced houses houses are smaller than 28 ABBOTTS CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Romford.

28 ABBOTTS CLOSE: Plot and Title Map

28 ABBOTTS CLOSE sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 28 ABBOTTS 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 28 ABBOTTS 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 28 ABBOTTS CLOSE?

28 ABBOTTS CLOSE is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 28 on ABBOTTS CLOSE.