16, CANDOVER ROAD, HORNCHURCH, RM12 4TZ - £435,000

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.

16 CANDOVER ROAD is a very small detached house of 66m², built sometime between 1930 and 1949, which could now be worth an estimated £498,823. It was last sold for £435,000 in February 2021, which was around 39% below the average February 2021 detached price in the Havering local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was B.

16 CANDOVER ROAD Sold Prices

Land registry data shows two sales for 16 CANDOVER ROAD 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 16 CANDOVER ROAD 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
2021 15 FEB	£435,000	£715,005	39% below HPI
2007 19 JAN	£279,995	£387,542	28% below HPI

16 CANDOVER ROAD 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 16 CANDOVER ROAD sales from January 2007 and February 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 January 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 16 CANDOVER ROAD be worth now?

16 CANDOVER ROAD might now be worth an estimated £498,823.

This is based on house price inflation of 14.7%, between February 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 14.7% inflationary increase is applied to the most recent sale price for 16 CANDOVER ROAD of £435,000 on 15th February 2021. For the value to have increased from £435,000 to £498,823 over the four years to February 2025, the following assumptions must hold true:

• The value of 16 CANDOVER ROAD has moved in line with the HPI for detached houses in the Havering local authority area.
• The February 2021 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CANDOVER ROAD has not materially changed since February 2021.

How Large is 16 CANDOVER ROAD?

16 CANDOVER ROAD is 66m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% 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 16 CANDOVER ROAD lies on this distribution: 4% of detached houses houses are smaller than 16 CANDOVER ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Hornchurch.

16 CANDOVER ROAD: Plot and Title Map

16 CANDOVER ROAD sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 16 CANDOVER ROAD, 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 16 CANDOVER ROAD). 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 16 CANDOVER ROAD?

16 CANDOVER ROAD is located in HORNCHURCH, in the RM12 postcode district. The below map shows the position of No. 16 on CANDOVER ROAD.