12, FREEMAN WAY, HORNCHURCH, RM11 3PH - £1,100,000

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

12 FREEMAN WAY is a very large detached house of 323m², built sometime from 2012 onwards, which could now be worth an estimated £1,277,394. It was last sold for £1,100,000 in November 2017, which was around 61% above the average November 2017 detached price in the Havering local authority area. The most recent EPC inspection was January 2023, where the current energy rating was B, and the potential energy rating was B.

12 FREEMAN WAY Sold Prices

Land registry data shows two sales for 12 FREEMAN 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. Both of the two 12 FREEMAN WAY 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
2017 17 NOV	£1,100,000	£684,763	61% above HPI
2000 10 MAY	£595,000	£212,704	180% above HPI

12 FREEMAN 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 12 FREEMAN WAY sales from May 2000 and November 2017 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 May 2000 sale was for 180% above the HPI. So the extrapolation line tracks at 180% above the HPI over time, until the November 2017 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 12 FREEMAN WAY be worth now?

12 FREEMAN WAY might now be worth an estimated £1,277,394.

This is based on house price inflation of 16.1%, between November 2017 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 16.1% inflationary increase is applied to the most recent sale price for 12 FREEMAN WAY of £1,100,000 on 17th November 2017. For the value to have increased from £1,100,000 to £1,277,394 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 12 FREEMAN WAY has moved in line with the HPI for detached houses in the Havering local authority area.
• The November 2017 sale price of £1,100,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FREEMAN WAY has not materially changed since November 2017.

How Large is 12 FREEMAN WAY?

12 FREEMAN WAY is 323m² according to the EPC inspection conducted in January 2023. This puts it in the largest 10% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 12 FREEMAN WAY lies on this distribution: 93% of detached houses houses are smaller than 12 FREEMAN WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in London.

12 FREEMAN WAY: Plot and Title Map

12 FREEMAN WAY sits on a plot of roughly 0.228 of an acre, or 922m². The below map shows the location of 12 FREEMAN 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 12 FREEMAN 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 12 FREEMAN WAY?

12 FREEMAN WAY is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 12 on FREEMAN WAY.