9, SCHOLARS WAY, ROMFORD, RM2 5US - £675,000

9 SCHOLARS WAY is a midsized extended detached house of 129m², built sometime between 2003 and 2006. It was last sold for £675,000 in January 2020, which was around 2% below the average January 2020 detached price in the Havering local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

9 SCHOLARS WAY Sold Prices

Land registry data shows two sales for 9 SCHOLARS WAY 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. One of the two 9 SCHOLARS WAY sales was for below the average price, whilst the other was 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
2020 17 JAN	£675,000	£688,057	2% below HPI
2004 27 AUG	£430,000	£360,745	19% above HPI

9 SCHOLARS WAY 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 9 SCHOLARS WAY sales from August 2004 and January 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 August 2004 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 9 SCHOLARS WAY?

9 SCHOLARS WAY is 129m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 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 9 SCHOLARS WAY lies on this distribution: 56% of detached houses are smaller than 9 SCHOLARS WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Romford.

9 SCHOLARS WAY: Plot and Title Map

9 SCHOLARS WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 9 SCHOLARS WAY, 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 9 SCHOLARS WAY). 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 9 SCHOLARS WAY?

9 SCHOLARS WAY is located in ROMFORD, in the RM2 postcode district. The below map shows the position of No. 9 on SCHOLARS WAY.