32, STEPHENS CLOSE, ROMFORD, RM3 7RS - £339,000

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.

32 STEPHENS CLOSE is a small semi-detached house of 93m², built in 2014, which could now be worth an estimated £472,692. It was last sold for £339,000 in March 2016, which was around 13% below the average March 2016 semi-detached 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.

32 STEPHENS CLOSE Sold Prices

Land registry data shows one sale for 32 STEPHENS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2016 3 MAR	£339,000	£391,500	13% below HPI

What might 32 STEPHENS CLOSE be worth now?

32 STEPHENS CLOSE might now be worth an estimated £472,692.

This is based on house price inflation of 39.4%, between March 2016 and May 2026, for semi-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 39.4% inflationary increase is applied to the most recent sale price for 32 STEPHENS CLOSE of £339,000 on 3rd March 2016. For the value to have increased from £339,000 to £472,692 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 32 STEPHENS CLOSE has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The March 2016 sale price of £339,000 represented a fair market value for the property.
• The size, condition, and specification of 32 STEPHENS CLOSE has not materially changed since March 2016.

How Large is 32 STEPHENS CLOSE?

32 STEPHENS CLOSE is 93m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of semi-detached houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses by size in London, and where 32 STEPHENS CLOSE lies on this distribution: 37% of semi-detached houses are smaller than 32 STEPHENS CLOSE, and 62% of semi-detached houses are larger. Note that EPC data is not available for all properties in London.

32 STEPHENS CLOSE: Plot

32 STEPHENS CLOSE sits on a plot of roughly 0.051 of an acre, or 206m².

Where is 32 STEPHENS CLOSE?

32 STEPHENS CLOSE is located in ROMFORD, in the RM3 postcode district.