33, STEPHENS CLOSE, ROMFORD, RM3 7RS - £348,273

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.

33 STEPHENS CLOSE is a very small terraced house of 74m², built in 2014, which could now be worth an estimated £377,877. It was last sold for £348,273 in September 2023, which was around 14% below the average September 2023 terraced price in the Havering local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was B.

33 STEPHENS CLOSE Sold Prices

Land registry data shows two sales for 33 STEPHENS 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 33 STEPHENS 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
2023 28 SEP	£348,273	£404,249	14% below HPI
2015 27 NOV	£272,000	£296,674	8% below HPI

33 STEPHENS 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 33 STEPHENS CLOSE sales from November 2015 and September 2023 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 November 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 33 STEPHENS CLOSE be worth now?

33 STEPHENS CLOSE might now be worth an estimated £377,877.

This is based on house price inflation of 8.5%, between September 2023 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 8.5% inflationary increase is applied to the most recent sale price for 33 STEPHENS CLOSE of £348,273 on 28th September 2023. For the value to have increased from £348,273 to £377,877 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of 33 STEPHENS CLOSE has moved in line with the HPI for terraced houses in the Havering local authority area.
• The September 2023 sale price of £348,273 represented a fair market value for the property.
• The size, condition, and specification of 33 STEPHENS CLOSE has not materially changed since September 2023.

How Large is 33 STEPHENS CLOSE?

33 STEPHENS CLOSE is 74m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% 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 33 STEPHENS CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 33 STEPHENS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in London.

33 STEPHENS CLOSE: Plot and Title Map

33 STEPHENS CLOSE sits on a plot of roughly 2.7 acres, or 10,980m². The below map shows the location of 33 STEPHENS 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 33 STEPHENS 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 33 STEPHENS CLOSE?

33 STEPHENS CLOSE is located in ROMFORD, in the RM3 postcode district. The below map shows the position of No. 33 on STEPHENS CLOSE.