17, FREEMAN WAY, HORNCHURCH, RM11 3PH - £2,225,000

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.

17 FREEMAN WAY is a very large detached house of 544m², which could now be worth an estimated £2,587,076. It was last sold for £2,225,000 in April 2021, which was around 216% above the average April 2021 detached price in the Havering local authority area. The most recent EPC inspection was December 2020, where the current energy rating was B, and the potential energy rating was B.

17 FREEMAN WAY Sold Prices

Land registry data shows two sales for 17 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. One of the two 17 FREEMAN WAY sales was for above the average price, whilst the other was 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 9 APR	£2,225,000	£705,159	216% above HPI
2021 28 JAN	£600,000	£717,406	16% below HPI

17 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 17 FREEMAN WAY sales from January 2021 and April 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 2021 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2021 sale, where it rises to 216% above the HPI. The line then continues to track at 216% above the HPI.

What might 17 FREEMAN WAY be worth now?

17 FREEMAN WAY might now be worth an estimated £2,587,076.

This is based on house price inflation of 16.3%, between April 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 16.3% inflationary increase is applied to the most recent sale price for 17 FREEMAN WAY of £2,225,000 on 9th April 2021. For the value to have increased from £2,225,000 to £2,587,076 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 17 FREEMAN WAY has moved in line with the HPI for detached houses in the Havering local authority area.
• The April 2021 sale price of £2,225,000 represented a fair market value for the property.
• The size, condition, and specification of 17 FREEMAN WAY has not materially changed since April 2021.

How Large is 17 FREEMAN WAY?

17 FREEMAN WAY is 544m² according to the EPC inspection conducted in December 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 17 FREEMAN WAY lies on this distribution: 99% of detached houses houses are smaller than 17 FREEMAN WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in London.

17 FREEMAN WAY: Plot and Title Map

17 FREEMAN WAY sits on a plot of roughly 0.327 of an acre, or 1,325m². The below map shows the location of 17 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 17 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 17 FREEMAN WAY?

17 FREEMAN WAY is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 17 on FREEMAN WAY.