1, CREASEY CLOSE, HORNCHURCH, RM11 1FE - £750,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CREASEY CLOSE is a very large detached house of 149m², built sometime between 1991 and 1995, which could now be worth an estimated £735,469. It was last sold for £750,000 in April 2023, which was around 8% below the average April 2023 detached price in the Havering local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

1 CREASEY CLOSE Sold Prices

Land registry data shows four sales for 1 CREASEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the four 1 CREASEY CLOSE 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
2023 28 APR	£750,000	£810,904	8% below HPI
2020 20 APR	£655,000	£697,277	6% below HPI
2011 30 AUG	£345,000	£409,274	16% below HPI
1996 28 JUN	£112,000	£130,211	14% below HPI

1 CREASEY CLOSE 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 four 1 CREASEY CLOSE sales between June 1996 and April 2023 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 April 2020 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 CREASEY CLOSE be worth now?

1 CREASEY CLOSE might now be worth an estimated £735,469.

This is based on house price deflation of 1.9%, between April 2023 and December 2024, 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 1.9% deflationary decrease is applied to the most recent sale price for 1 CREASEY CLOSE of £750,000 on 28th April 2023. For the value to have decreased from £750,000 to £735,469 over the four months to December 2024, the following assumptions must hold true:

• The value of 1 CREASEY CLOSE has moved in line with the HPI for detached houses in the Havering local authority area.
• The April 2023 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CREASEY CLOSE has not materially changed since April 2023.

How Large is 1 CREASEY CLOSE?

1 CREASEY CLOSE is 149m² according to the EPC inspection conducted in December 2019. This puts it in the largest 20% of detached houses houses in Hornchurch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hornchurch, and where 1 CREASEY CLOSE lies on this distribution: 81% of detached houses houses are smaller than 1 CREASEY CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Hornchurch.

1 CREASEY CLOSE: Plot and Title Map

1 CREASEY CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 1 CREASEY CLOSE, 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 1 CREASEY CLOSE). 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 1 CREASEY CLOSE?

1 CREASEY CLOSE is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 1 on CREASEY CLOSE.