14, PETT CLOSE, HORNCHURCH, RM11 1FF - £725,000

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

14 PETT CLOSE is a midsized extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £725,000 in July 2024, which was around 11% below the average July 2024 detached price in the Havering local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

14 PETT CLOSE Sold Prices

Land registry data shows four sales for 14 PETT 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. Most of the four 14 PETT 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
2024 22 JUL	£725,000	£811,558	11% below HPI
2015 4 DEC	£478,000	£596,622	20% below HPI
2002 19 APR	£299,995	£269,104	11% above HPI
1999 5 FEB	£175,000	£176,149	1% below HPI

14 PETT 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 14 PETT CLOSE sales between February 1999 and July 2024 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 December 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 14 PETT CLOSE?

14 PETT CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% of detached houses in Hornchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Hornchurch, and where 14 PETT CLOSE lies on this distribution: 48% of detached houses are smaller than 14 PETT CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Hornchurch.

14 PETT CLOSE: Plot and Title Map

14 PETT CLOSE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 14 PETT 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 14 PETT 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 14 PETT CLOSE?

14 PETT CLOSE is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 14 on PETT CLOSE.