2, JAMES CLOSE, ROMFORD, RM2 5UD - £242,000

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.

2 JAMES CLOSE is a small extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £588,872. It was last sold for £242,000 in November 2003, which was around 30% below the average November 2003 detached price in the Havering local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

2 JAMES CLOSE Sold Prices

Land registry data shows one sale for 2 JAMES CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Havering local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 21 NOV	£242,000	£347,841	30% below HPI

What might 2 JAMES CLOSE be worth now?

2 JAMES CLOSE might now be worth an estimated £588,872.

This is based on house price inflation of 143.3%, between November 2003 and May 2026, for detached 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 143.3% inflationary increase is applied to the most recent sale price for 2 JAMES CLOSE of £242,000 on 21st November 2003. For the value to have increased from £242,000 to £588,872 over the 23 years and six months to May 2026, the following assumptions must hold true:

• The value of 2 JAMES CLOSE has moved in line with the HPI for detached houses in the Havering local authority area.
• The November 2003 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 2 JAMES CLOSE has not materially changed since November 2003.

How Large is 2 JAMES CLOSE?

2 JAMES CLOSE is 103m², which includes three extensions, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 2 JAMES CLOSE lies on this distribution: 30% of detached houses are smaller than 2 JAMES CLOSE, and 69% of detached houses are larger. Note that EPC data is not available for all properties in Romford.

2 JAMES CLOSE: Plot

2 JAMES CLOSE sits on a plot of roughly 0.137 of an acre, or 555m².

Where is 2 JAMES CLOSE?

2 JAMES CLOSE is located in ROMFORD, in the RM2 postcode district.