12, PORCHESTER CLOSE, HORNCHURCH, RM11 2HH - £2,050,000

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.

12 PORCHESTER CLOSE is a very large extended detached house of 409m², built sometime between 1983 and 1990, which could now be worth an estimated £2,371,260. It was last sold for £2,050,000 in May 2021, which was around 189% above the average May 2021 detached price in the Havering local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

12 PORCHESTER CLOSE Sold Prices

Land registry data shows three sales for 12 PORCHESTER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the three 12 PORCHESTER CLOSE 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
2021 28 MAY	£2,050,000	£708,828	189% above HPI
2012 28 SEP	£1,525,000	£417,900	265% above HPI
2002 28 FEB	£872,000	£261,843	233% above HPI

12 PORCHESTER 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 three 12 PORCHESTER CLOSE sales between February 2002 and May 2021 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 September 2012 sale was for 265% above the HPI. So the extrapolation line tracks at 265% above the HPI over time, until the May 2021 sale, where it falls to 189% above the HPI. The line then continues to track at 189% above the HPI.

What might 12 PORCHESTER CLOSE be worth now?

12 PORCHESTER CLOSE might now be worth an estimated £2,371,260.

This is based on house price inflation of 15.7%, between May 2021 and February 2025, 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 15.7% inflationary increase is applied to the most recent sale price for 12 PORCHESTER CLOSE of £2,050,000 on 28th May 2021. For the value to have increased from £2,050,000 to £2,371,260 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 12 PORCHESTER CLOSE has moved in line with the HPI for detached houses in the Havering local authority area.
• The May 2021 sale price of £2,050,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PORCHESTER CLOSE has not materially changed since May 2021.

How Large is 12 PORCHESTER CLOSE?

12 PORCHESTER CLOSE is 409m², which includes one extension, according to the EPC inspection conducted in October 2020. 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 PORCHESTER CLOSE lies on this distribution: 96% of detached houses houses are smaller than 12 PORCHESTER CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in London.

12 PORCHESTER CLOSE: Plot and Title Map

12 PORCHESTER CLOSE sits on a plot of roughly 0.349 of an acre, or 1,411m². The below map shows the location of 12 PORCHESTER 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 12 PORCHESTER 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 12 PORCHESTER CLOSE?

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