2, BANYARDS, HORNCHURCH, RM11 2QJ - £925,000

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

2 BANYARDS is a very large extended detached house of 223m², built sometime between 1967 and 1975. It was last sold for £925,000 in June 2016, which was around 45% above the average June 2016 detached price in the Havering local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

2 BANYARDS Sold Prices

Land registry data shows two sales for 2 BANYARDS 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 2 BANYARDS 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
2016 13 JUN	£925,000	£636,395	45% above HPI
2004 12 NOV	£575,000	£377,240	52% above HPI

2 BANYARDS 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 2 BANYARDS sales from November 2004 and June 2016 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 November 2004 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the June 2016 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 2 BANYARDS?

2 BANYARDS is 223m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 2 BANYARDS lies on this distribution: 81% of detached houses are smaller than 2 BANYARDS, and 19% of houses are larger. Note that EPC data is not available for all properties in London.

2 BANYARDS: Plot and Title Map

2 BANYARDS sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 2 BANYARDS, 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 2 BANYARDS). 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 2 BANYARDS?

2 BANYARDS is located in HORNCHURCH, in the RM11 postcode district. The below map shows the position of No. 2 on BANYARDS.