11, RUSSETTS, HORNCHURCH, RM11 2RX - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 RUSSETTS is a very large extended detached house of 232m², built sometime between 1996 and 2002. It was last sold for £525,000 in May 2004, which was around 47% above the average May 2004 detached price in the Havering local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

11 RUSSETTS Sold Prices

Land registry data shows two sales for 11 RUSSETTS 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. Both of the two 11 RUSSETTS sales were 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
2004 14 MAY	£525,000	£356,377	47% above HPI
1997 24 OCT	£260,000	£157,390	65% above HPI

11 RUSSETTS 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 11 RUSSETTS sales from October 1997 and May 2004 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 October 1997 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the May 2004 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 11 RUSSETTS?

11 RUSSETTS is 232m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 11 RUSSETTS lies on this distribution: 82% of detached houses are smaller than 11 RUSSETTS, and 18% of houses are larger. Note that EPC data is not available for all properties in London.

11 RUSSETTS: Plot and Title Map

11 RUSSETTS sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 11 RUSSETTS, 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 11 RUSSETTS). 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 11 RUSSETTS?

11 RUSSETTS is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 11 on RUSSETTS.