41, FOREST ROAD, ROMFORD, RM7 8DU - £375,000

41 FOREST ROAD is a midsized extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £375,000 in May 2015, which was around 30% below the average May 2015 detached price in the Havering local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

41 FOREST ROAD Sold Prices

Land registry data shows two sales for 41 FOREST ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havering local authority area for the corresponding sale date. Both of the two 41 FOREST ROAD 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
2015 22 MAY	£375,000	£534,963	30% below HPI
2011 25 OCT	£250,000	£419,448	40% below HPI

41 FOREST ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The two 41 FOREST ROAD sales from October 2011 and May 2015 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 October 2011 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 41 FOREST ROAD?

41 FOREST ROAD is 112m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 41 FOREST ROAD lies on this distribution: 42% of detached houses are smaller than 41 FOREST ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Romford.

41 FOREST ROAD: Plot and Title Map

41 FOREST ROAD sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 41 FOREST 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 41 FOREST 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 41 FOREST ROAD?

41 FOREST ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 41 on FOREST ROAD.