16, FREEMAN WAY, HORNCHURCH, RM11 3PH - £1,550,000

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 FREEMAN WAY is a very large detached house of 398m², built sometime from 2007 onwards, which could now be worth an estimated £1,642,268. It was last sold for £1,550,000 in June 2024, which was around 100% above the average June 2024 detached price in the Havering local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was C.

16 FREEMAN WAY Sold Prices

Land registry data shows two sales for 16 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 16 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
2024 10 JUN	£1,550,000	£773,845	100% above HPI
2019 9 JUL	£1,700,000	£688,548	147% above HPI

16 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 16 FREEMAN WAY sales from July 2019 and June 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 July 2019 sale was for 147% above the HPI. So the extrapolation line tracks at 147% above the HPI over time, until the June 2024 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might 16 FREEMAN WAY be worth now?

16 FREEMAN WAY might now be worth an estimated £1,642,268.

This is based on house price inflation of 6%, between June 2024 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 6% inflationary increase is applied to the most recent sale price for 16 FREEMAN WAY of £1,550,000 on 10th June 2024. For the value to have increased from £1,550,000 to £1,642,268 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 16 FREEMAN WAY has moved in line with the HPI for detached houses in the Havering local authority area.
• The June 2024 sale price of £1,550,000 represented a fair market value for the property.
• The size, condition, and specification of 16 FREEMAN WAY has not materially changed since June 2024.

How Large is 16 FREEMAN WAY?

16 FREEMAN WAY is 398m² according to the EPC inspection conducted in January 2017. 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 16 FREEMAN WAY lies on this distribution: 96% of detached houses houses are smaller than 16 FREEMAN WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in London.

16 FREEMAN WAY: Plot and Title Map

16 FREEMAN WAY sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of 16 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 16 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 16 FREEMAN WAY?

16 FREEMAN WAY is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 16 on FREEMAN WAY.