18, PETT CLOSE, HORNCHURCH, RM11 1FF - £800,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 PETT CLOSE is a large extended detached house of 130m², built sometime between 1983 and 1990, which could now be worth an estimated £810,458. It was last sold for £800,000 in October 2022, which was around 1% below the average October 2022 detached price in the Havering local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

18 PETT CLOSE Sold Prices

Land registry data shows three sales for 18 PETT 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. One of the three 18 PETT CLOSE sales was for below the average price, whilst two 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
2022 7 OCT	£800,000	£809,330	1% below HPI
2000 6 OCT	£250,000	£226,044	11% above HPI
2000 22 MAY	£245,000	£212,704	15% above HPI

18 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 three 18 PETT CLOSE sales between May 2000 and October 2022 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 October 2000 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2022 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 18 PETT CLOSE be worth now?

18 PETT CLOSE might now be worth an estimated £810,458.

This is based on house price inflation of 1.3%, between October 2022 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 1.3% inflationary increase is applied to the most recent sale price for 18 PETT CLOSE of £800,000 on 7th October 2022. For the value to have increased from £800,000 to £810,458 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 PETT CLOSE has moved in line with the HPI for detached houses in the Havering local authority area.
• The October 2022 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PETT CLOSE has not materially changed since October 2022.

How Large is 18 PETT CLOSE?

18 PETT CLOSE is 130m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% 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 18 PETT CLOSE lies on this distribution: 68% of detached houses houses are smaller than 18 PETT CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Hornchurch.

18 PETT CLOSE: Plot and Title Map

18 PETT CLOSE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 18 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 18 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 18 PETT CLOSE?

18 PETT CLOSE is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 18 on PETT CLOSE.