62, ROMAN ROAD, MOUNTNESSING, BRENTWOOD, CM15 0UB - £420,000

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.

62 ROMAN ROAD is a very small detached house of 55m², built sometime between 1900 and 1929, which could now be worth an estimated £502,926. It was last sold for £420,000 in July 2017, which was around 50% below the average July 2017 detached price in the Brentwood local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

62 ROMAN ROAD Sold Prices

Land registry data shows three sales for 62 ROMAN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. All of the three 62 ROMAN 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
2017 17 JUL	£420,000	£833,367	50% below HPI
2001 18 MAY	£150,000	£301,927	50% below HPI
1996 6 SEP	£85,000	£160,243	47% below HPI

62 ROMAN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The three 62 ROMAN ROAD sales between September 1996 and July 2017 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 May 2001 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2017 sale, which was also at 50% below the HPI.

What might 62 ROMAN ROAD be worth now?

62 ROMAN ROAD might now be worth an estimated £502,926.

This is based on house price inflation of 19.7%, between July 2017 and April 2026, for detached 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 19.7% inflationary increase is applied to the most recent sale price for 62 ROMAN ROAD of £420,000 on 17th July 2017. For the value to have increased from £420,000 to £502,926 over the nine years and three months to April 2026, the following assumptions must hold true:

• The value of 62 ROMAN ROAD has moved in line with the HPI for detached houses in the Brentwood local authority area.
• The July 2017 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 62 ROMAN ROAD has not materially changed since July 2017.

How Large is 62 ROMAN ROAD?

62 ROMAN ROAD is 55m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses houses in Mountnessing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mountnessing, and where 62 ROMAN ROAD lies on this distribution: Less than 1% of detached houses houses are smaller than 62 ROMAN ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Mountnessing.

62 ROMAN ROAD: Plot and Title Map

62 ROMAN ROAD sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 62 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 62 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 62 ROMAN ROAD?

62 ROMAN ROAD is located in MOUNTNESSING, in the CM15 postcode district. The below map shows the position of No. 62 on ROMAN ROAD.