321, ROMAN ROAD, MOUNTNESSING, BRENTWOOD, CM15 0UJ - £545,000

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.

321 ROMAN ROAD is a very small extended terraced house of 100m², built sometime before 1900, which could now be worth an estimated £661,871. It was last sold for £545,000 in August 2019, which was around 50% above the average August 2019 terraced price in the Brentwood local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

321 ROMAN ROAD Sold Prices

Land registry data shows two sales for 321 ROMAN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Brentwood local authority area for the corresponding sale date. Both of the two 321 ROMAN ROAD 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
2019 30 AUG	£545,000	£364,479	50% above HPI
2016 29 JAN	£395,000	£321,395	23% above HPI

321 ROMAN ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Brentwood local authority area over time, sourced from the HPI. The two 321 ROMAN ROAD sales from January 2016 and August 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 January 2016 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2019 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 321 ROMAN ROAD be worth now?

321 ROMAN ROAD might now be worth an estimated £661,871.

This is based on house price inflation of 21.4%, between August 2019 and May 2026, for terraced houses, in the Brentwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.4% inflationary increase is applied to the most recent sale price for 321 ROMAN ROAD of £545,000 on 30th August 2019. For the value to have increased from £545,000 to £661,871 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 321 ROMAN ROAD has moved in line with the HPI for terraced houses in the Brentwood local authority area.
• The August 2019 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 321 ROMAN ROAD has not materially changed since August 2019.

How Large is 321 ROMAN ROAD?

321 ROMAN ROAD is 100m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of terraced houses houses in Mountnessing, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mountnessing, and where 321 ROMAN ROAD lies on this distribution: 14% of terraced houses houses are smaller than 321 ROMAN ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Mountnessing.

321 ROMAN ROAD: Plot and Title Map

321 ROMAN ROAD sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 321 ROMAN ROAD, 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 321 ROMAN ROAD). 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 321 ROMAN ROAD?

321 ROMAN ROAD is located in MOUNTNESSING, in the CM15 postcode district. The below map shows the position of No. 321 on ROMAN ROAD.